RelaDyne acquires PPC Lubricants
RelaDyne, a leading provider of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services in the United States, announced its acquisition of PPC Lubricants.
PPC Lubricants, founded in 1977, has grown to become a premier lubricants distributor in the Mid-Atlantic region in the United States over the last 40 years. Headquartered in Jonestown, Pennsylvania, U.S.A., PPC serves customers in eight neighboring states – Pennsylvania, New Jersey, Maryland, Delaware, Virginia, West Virginia, Ohio and New York – with more than 800 products.
“PPC Lubricants is ecstatic our company is partnering with RelaDyne,” said Dave Klinger, president of PPC Lubricants. “RelaDyne aligns with our core values by offering exceptional industry expertise, preventative services, customer satisfaction, and world-class branding. Our more than 40 years of experience in lubrication complemented by our comprehensive portfolio of innovative products will be able to reach a more expansive range of segments within the United States – while maintaining exceptional customer satisfaction.”
PPC acquisition expands RelaDyne’s footprint in U.S. East Coast
PPC Lubricants adds further density to RelaDyne’s footprint in the East Coast, specifically Pennsylvania and Maryland markets. “PPC Lubricants offers unparalleled industry knowledge, high-quality leadership, and resources that RelaDyne will be able to leverage as we continue to execute on our growth strategies and operational initiatives,” said Larry Stoddard, president and CEO of RelaDyne. “PPC possesses an extraordinary associate base that will strengthen RelaDyne in multiple facets and align with our culture and core values.”
Furthermore, RelaDyne will immediately expand PPC’s reach toward new customers, broaden business with existing customers, and accelerate their geographic expansion through advanced tools and resources.
“The acquisition of PPC Lubricants is transformational for RelaDyne as we continue our expansion strategy in the East Coast,” said David Schumacher, RelaDyne VP of Business Development. “RelaDyne is continuously looking to partner with like-minded owners, entrepreneurs, and management teams. PPC’s business model is highly diversified across end markets, products, brands, and customers, providing tremendous stability and a platform for future growth.”
Stephens served as the exclusive financial advisor to PPC Lubricants.