RelaDyne Acquires Mid-State Industrial Supply and J.B. Weimar, Inc.
elaDyne, one of the nation’s leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services announced this week that it has acquired Mid-State Industrial Supply Inc. and J.B. Weimar, Inc. (“MSIS”), RelaDyne’s fifth acquisition of 2015. MSIS is strategically located in Nashville, Tennessee, offering extended strength and continuous product supply between RelaDyne’s existing Northern and Southern markets.
Mid-State Industrial has a strong and longstanding reputation in the Tennessee market, with Jim and Anita Weimar having owned and operated the business for over 39 years. The company services a wide range of automotive, commercial, and some industrial businesses along with auxiliary products including equipment services, chemicals, and commercial and retail fuels.
As a part of RelaDyne, MSIS will be able to offer customers the full line of RelaDyne products and services, including an expanded line of industrial reliability services and automotive products backed by profit-enhancing programs built for customers. MSIS customers will also have access to RelaDyne Express, RelaDyne’s e-commerce platform, where they’ll be able to order online and view account information such as orders and invoice histories anytime, anywhere.
Jim Weimar, owner of Mid-State Industrial and J.B. Weimar, Inc., and his team will be staying with RelaDyne to ensure continuity for customers, employees, and suppliers. “We are excited to join the RelaDyne family and look forward to now providing our customers and associates with more opportunities than they ever had before,” states Weimar.
“The acquisition of MSIS helps solidify RelaDyne’s strategic position in the market by connecting the Northern and Southern RelaDyne regions along with expanding our product and services portfolio to these existing and new customers,” notes Larry Stoddard, Chief Executive Officer for RelaDyne. “We welcome all MSIS customers and associates to RelaDyne.”
Jeff Hart, Executive Vice President of Business Development for RelaDyne, commented on the acquisition, “This acquisition is the result of our team’s continuous execution of our acquisition strategy. RelaDyne continues to be the acquirer of choice for many companies in the fuel, lubricant and services business. This deal is our fifth acquisition in 2015, and we anticipate closing more acquisitions this year as we continue to create a national platform.”
RelaDyne, headquartered in Cincinnati, Ohio, is an industry leading lubricant, fuel, and DEF distributor providing customers with integrated reliability management services for industrial and commercial businesses in the United States. RelaDyne was formed in 2010 by the combination of four industry leaders – Mid-Town Petroleum, Inc. (Bridgeview, IL), Oil Distributing Company (Cincinnati, OH), The Hurt Company, Inc. (Houston, TX) and Pumpelly Oil Company (Sulphur, LA). RelaDyne’s distribution platform spans more than 25 locations serving states in the Central US. In May 2014, RelaDyne’s industrial services business expanded with the acquisition of Turbo Filtration Corporation (TFC), enhancing their offering to key industrial customers throughout the US. The company also benefits from the support of its business-building financial partner, AEA Investors LP, which manages funds worth approximately $6 billion of invested and committed capital. For more information, visit http://www.RelaDyne.com.