This acquisition gives us the ability to expand our services and capabilities and to continue the great work we’ve done for decades.
(PRWEB) August 05, 2014
RelaDyne, one of the nation’s leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services, announced today that it has acquired Turbo Filtration Corporation (“TFC”), a leader in the turbine and industrial reliability market.
TFC, headquartered in Mobile, Alabama, with multiple locations across the United States, performs industrial reliability services within the US and internationally. The company has become a leader in turbine and industrial cleaning, surpassing industry standards with specializations in turbine oil flushing, oil system hydroblasting, and compressor flushing, among other services.
Founder and previous owner of TFC, Mike Enger, will stay on full time with RelaDyne and work closely with Scott Hill of RelaDyne to facilitate the acquisition and continued growth and expansion of TFC within RelaDyne. “We are looking forward to joining the RelaDyne team,” says Mike Enger. “This acquisition gives us the ability to expand our services and capabilities and to continue the great work we’ve done for decades. We’ve built a great team of people over the years, and it’s important our customers know we are all sticking around.”
As TFC is integrated into RelaDyne, TFC will significantly increase RelaDyne’s services capacity in terms of both people and equipment. “This partnership with TFC firmly exemplifies our original strategy and places RelaDyne as an industry leader of industrial reliability and lubrication technology,” states Larry Stoddard, President and CEO of RelaDyne.
TFC will operate as Turbo Filtration, LLC under the direction of Scott Hill with assistance from Mike Enger. Turbo Filtration will be a division of RelaDyne’s industrial reliability services. TFC is RelaDyne’s sixth acquisition since its formation in November 2010.
RelaDyne, headquartered in Cincinnati, Ohio, is an industry leading lubricants and fuel distributor providing integrated equipment reliability management products and services for industrial, commercial, transportation and automotive businesses in the US. Four industry leaders – Mid-Town Petroleum, Inc. (Bridgeview, IL), Oil Distributing Company (Cincinnati, OH), The Hurt Company, Inc. (Houston, TX) and Pumpelly Oil Company (Sulphur, LA) – joined to form RelaDyne on Nov. 8, 2010. Its innovative Field Reliability Management (FRM) platform of services is designed to enhance the operations of companies involved in process manufacturing, utilities, food and beverage processing, mining equipment and commercial fleets. The company also benefits from the support of its business-building partner, AEA Investors LP, which manages funds worth approximately $5 billion of invested and committed capital. For more information, visit http://www.RelaDyne.com.
About Turbo Filtration Corporation
Turbo Filtration Corporation, located in Mobile, Alabama, has more than 50 years of combined expertise and experience in the industrial reliability market. Founded and owned by Mike Enger, TFC has become a leader in turbine and industrial cleaning, surpassing industry standards. Services include turbine oil flushing, oil system hydroblasting, cooler cleaning and retubing, compressor flushing, and other industrial services. For more information, visit http://www.tfcglobal.com.