RelaDyne is proud to announce the recent acquisition of the lubricants division of Hollingsworth Oil Company (“HOCL”), a distributor of premium lubricants in Tennessee and Alabama. With HOCL locations in Nashville and Birmingham, this acquisition significantly expands RelaDyne’s geographic density and capabilities within Tennessee and Alabama.
Hollingsworth Oil Company purchased its Lubricants Division in 2007. In the past decade, the company has grown to become one of the region’s top distributors of quality lubricants due to its exceptional associates, customers, and high value of service. Now, this top-tier company is joining the RelaDyne family.
As one of the nation’s leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, RelaDyne will be better able to fulfill the needs of its existing Tennessee and Alabama customers as well as provide new products and services to an expanded five-state area with HOCL’s market reach.
“First and foremost, we welcome all the Hollingsworth customers and associates into the RelaDyne family,” says Larry Stoddard, RelaDyne President and CEO. “We feel with high confidence that the greater Nashville and Birmingham marketplace presents an abundant growth opportunity for RelaDyne’s wide breadth of products and services. We are excited and committed to that community through this, our second acquisition in Tennessee and Alabama.” In November 2015, RelaDyne acquired Mid-State Industrial Services of Nashville, thus securing its place in the Mid-South region.
“RelaDyne is such a great fit for our people and our customers,” states Ronnie Hollingsworth, owner and President of Hollingsworth Oil Company (the parent company of Hollingsworth Lubricants). “Because of RelaDyne, we’ll be able to provide our associates with expanded opportunities, and our customers with new products and services we could not previously provide with our resources.” Ronnie, a first-generation family owner, is honored to have the lubricants portion of his family legacy join the rest of the family-owned companies within RelaDyne.
RelaDyne continues to be the “Acquirer of Choice” in the lubricants, fuel and reliability segments. “The Lubricants Division of Hollingsworth Oil Company represents our fifth acquisition of 2016,” says Jeff Hart, who leads RelaDyne’s M&A activities. “We are continually looking to acquire leading businesses with great people and great customers; HOCL is a fine example of that in the lubricant distribution segment. Our M&A team at RelaDyne is focused on adding new geography, new capabilities and more density within our current footprint as we continue to create a national distribution platform.”