Mergers & Acquisitions

U.S. lubricant distributor PetroChoice announces 15th acquisition

U.S. lubricant distributor PetroChoice announces 15th acquisition
Photo courtesy of Hagan Kennington.

PetroChoice announced that it has acquired Hagan Kennington Oil Company, further broadening PetroChoice’s distribution reach in North and South Carolina in the United States. Headquartered in Ft. Washington, Penn., U.S.A., this is PetroChoice’s 15th acquisition since 2008.

PetroChoice is a distributor of lubricants and services in 31 states in the United States, including Pennsylvania, Maryland, Ohio, Minnesota, Wisconsin, New Jersey, North Carolina, Florida, Tennessee, Kansas, Colorado, and Nebraska among others.

Located in Gastonia, NC, Hagan Kennington Oil Company has been servicing Western portions of North and South Carolina for more than 50 years. The company distributes lubricants, equipment and a wide range of related services to the commercial, automotive and industrial markets.

“Our mission of delivering quality products with great customer service fits really well with PetroChoice’s vision,” said Grady Kennington. “We are excited for the opportunity to bring our teams together and build on our company’s legacy,” he said.

“Hagan Kennington is a great company and together we will continue to provide the quality products and high level of service expected by lubricant customers throughout the Carolina Region,” said Bob Crouch, executive vice president of the PetroChoice Eastern Division.

Kennington is joining PetroChoice and will lead sales and operations in the Charlotte, N.C. market.

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