Announced
Completed
Synopsis
RelaDyne, a lubricant distributor in fuel, DEF, and industrial reliability services for industrial, commercial, and automotive businesses, completed the acquisition of Michigan Petroleum Technologies, a petroleum distributor with an emphasis on industrial manufacturing, commercial fleet, and construction segments. Financial terms were not disclosed. "When searching for a company to do business with, we wanted a company that possessed a strong influence and differentiation in the commercial and industrial marketplace." Brad Secory, Michigan Petroleum Technologies President.
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