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RelaDyne Acquires Richard Oil and Fuel of Donaldsonville, Louisiana

RelaDyne Acquires Richard Oil and Fuel of Donaldsonville, Louisiana

Posted on Tuesday, November 05, 2019
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RelaDyne, one of the nation’s leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, has acquired Richard Oil and Fuel, a full-service oil, lubricant, gasoline and diesel fuel distributor serving Louisiana.

Founded in 1972 in Donaldsonville, Louisiana, Richard Oil and Fuel has since offered a full line of fuels, lubricants and other specialty products across Louisiana. This acquisition will further strengthen RelaDyne’s geographic and customer density in the Southeast region.

“We have proudly served Louisiana parishes since 1972 and we are excited to continue our growth as a part of RelaDyne,” says Tony Savoie, President of Richard Oil. “Joining RelaDyne gives our team and customers limitless opportunities.”

“Partnering with Richard Oil is an exciting opportunity to further strengthen our operations in the Southeast,” stated Larry Stoddard, President and CEO of RelaDyne. “Situated in the heart of one of our strongest regions, the Richard Oil team will immediately be able to take advantage of the unmatched scope of products and services that RelaDyne has to offer.”

RelaDyne continues to be the “Acquirer of Choice” in the lubricants, fuel, and reliability segments. “RelaDyne is proud to join forces with Richard Oil as we continue to increase our market share by acquiring great companies,” said RelaDyne CSO, Jeff Hart. “The addition of Richard Oil is a perfect complement to our Louisiana operations as we continue to build regional density in the Southeast and provide an unparalleled customer experience by providing an entire suite of fuel, lubricants, and industrial reliability services,” said David Schumacher, RelaDyne VP of Business Development. “Most importantly, we are thrilled to partner with Tony Savoie and welcome an incredible group of associates to the RelaDyne family!”

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