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New Deal


Announced

RelaDyne to acquire Richard Oil and Fuel.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Specialty Chemicals

Acquisition

Single Bidder

United States

lubricants

Private

Majority

Pending

gasoline distribution

Friendly

Synopsis

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RelaDyne, a provider of lubricants, fuel, diesel exhaust fluid, and industrial reliability services, agreed to acquire Richard Oil and Fuel, a full-service oil, lubricant, gasoline and diesel fuel distributor serving Louisiana. Financial terms were not disclosed. “Partnering with Richard Oil is an exciting opportunity to further strengthen our operations in the Southeast. Situated in the heart of one of our strongest regions, the Richard Oil team will immediately be able to take advantage of the unmatched scope of products and services that RelaDyne has to offer,” Larry Stoddard, RelaDyne President and CEO.

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