Reladyne expands footprint to Latin America with acquisition
RelaDyne, the largest lubricant distributor in the United States, as well as fuel and diesel exhaust fluid (DEF) supplier, has acquired Grupo Lucalza, a fuel and lubricant distributor in Latin America. The acquisition includes Lucalza’s subsidiaries Imporfil and Texpetrol.
“The acquisition of Grupo Lucalza is an outstanding opportunity for RelaDyne,” said Larry Stoddard, president and CEO of RelaDyne. “We are pleased to welcome Grupo Lucalza to the RelaDyne family! Effective immediately, RelaDyne and Grupo Lucalza will merge our two great histories, shared values, and commitment to customers to provide the industry’s most comprehensive slate of products and services to a now multinational customer base.”
Grupo Lucalza, which operates in six countries with more than 750 employees, was founded in 1982. Recognised as one of the largest distributors of Chevron lubricants in the world, Lucalza has extended its geographic reach to several countries in the region, including Mexico, Nicaragua, Panama, Dominican Republic, and Guatemala. Imporfil, a Grupo Lucalza subsidiary in Mexico, distributes lubricants, greases, antifreeze, and filters, covering a diverse set of industries in 12 states with 19 branches. Texpetrol is a Grupo Lucalza subsidiary in Guatemala that distributes bulk fuels for aviation, retail, and industrial sectors.
“RelaDyne’s partnership with Grupo Lucalza provides the scaled platform from which to execute numerous growth opportunities in international markets with positive macro trends,” said David Schumacher, chief strategy and operating officer of RelaDyne. “Grupo Lucalza’s dominant market position, expansive geographic coverage with a highly efficient distribution network, and strong commitment towards customer service will be leveraged by our RelaDyne Reliability Services industrial team throughout Latin America.”
“We are thrilled to become a part of RelaDyne,” said Guillermo Méndez, CEO of Grupo Lucalza. “This partnership will allow Grupo Lucalza to learn about the best practices in operation, commercialization, and services, strengthening and further developing the territories we currently operate in Mexico, Central America, and the Caribbean, serving as a platform for future growth for our associates, customers, and strategic supply partners.”
“Our relationship with Chevron, our mutual commitment to sustained growth, and the addition of RelaDyne’s industrial reliability services create an unmatched value proposition to our customers.”
“Grupo Lucalza’s business relationship with RelaDyne complements our existing structure,” said Leonel Morales, former owner of Grupo Lucalza. “Becoming a part of RelaDyne, our capabilities are strengthened, as we now have the support and added capabilities that RelaDyne offers to the market, while continuing to grow and provide exceptional customer service to our long-time, loyal customers.”
“The combination of Grupo Lucalza with RelaDyne will make us both stronger, growing our presence in our respective markets and influence on the industry. We will continue to seek continuous development and the pursuit of excellence,” said Walter Kushiek, former owner of Grupo Lucalza.
“Lucalza’s partnership with RelaDyne aligns with our founding partners’ core values and principles. We are convinced that excellent times are ahead and that as a team, we will continue to reach and surpass all the goals we set for ourselves,” said Juan Carlos Flores, former owner of Texpetrol.