In August 2026, RelaDyne acquired OilRed, a Chevron lubricants distributor and provider of technical solutions serving automotive, commercial, and industrial customers in authorized territories in Colombia.
Founded in 2014, OilRed serves customers in authorized territories in Colombia with lubricants, greases, coolants, and value-added lubrication programs designed to improve equipment performance, reduce downtime, and support operational reliability. OilRed’s current management team will remain in place to lead day-to-day operations, preserve the company’s strong local relationships, and continue delivering the responsive service and market expertise its customers rely on. The company will work closely with Grupo Lucalza to accelerate its next phase of growth within the assigned territories in Colombia.
“The RelaDyne team is thrilled to welcome OilRed to the RelaDyne family,” said Eric Royse, Chief Executive Officer of RelaDyne. “This acquisition provides an outstanding platform for continued growth, combining deep local market knowledge with a talented management team. Together with Grupo Lucalza, we see significant opportunity to expand our geographic reach, enhance our technical offering, and create additional value for customers across automotive, commercial, and industrial end markets.”
“The Grupo Lucalza team is excited to welcome and begin working alongside Ana María Zapata, Juan Carlos, and the entire OilRed organization,” said Guillermo Méndez, Chief Executive Officer of Grupo Lucalza. “Our organizations share a strong commitment to our communities, our people, our customers, and safe operations every day. Grupo Lucalza’s infrastructure, supplier relationships, and commercial capabilities will complement OilRed’s local expertise as we collaborate to support our customers, expand our service coverage, and pursue attractive growth opportunities in Colombia.”
This partnership creates new opportunities for our employees, customers, and the markets we serve. Our management team will remain in place, and our customers can expect the same trusted service and local support they know from OilRed. With the additional resources, scale, and technical capabilities of RelaDyne and Grupo Lucalza, we are well positioned to strengthen our customer value proposition and continue growing the business.
Ana María Zapata, Chief Executive Officer of OilRed