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Announced

RelaDyne to acquire Sun Coast Resources.

Synopsis

RelaDyne, a lubricant distributor in fuel, DEF, and industrial reliability services for industrial, commercial, and automotive businesses, agreed to acquire Sun Coast, a wholesale petroleum marketer. Financial terms were not disclosed. "We are extremely pleased to partner with Sun Coast and are excited to welcome the Sun Coast employees to the RelaDyne family. We are thrilled to have both Kathy Lehne, Sun Coast's founder and CEO, and Kyle Lehne, Sun Coast's Chief Business Development Officer, as part of our combined company's senior management team," Larry Stoddard, RelaDyne President, and CEO.

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