“We could not have enjoyed the successes we have today without the commitment and support of our associates, our customers, and our suppliers." - Larry Stoddard, CEO
CINCINNATI (PRWEB) November 18, 2020
RelaDyne, a leading provider of lubricants, fuels, and reliability services, celebrates its 10-year milestone as one company this month. Established in 2010 by four industry-leading, family-owned companies based in Cincinnati, OH, Chicago, IL, Sulphur, LA, and Houston, TX, RelaDyne now serves over 10,000 customers across 45 states and 22 countries.
Since its formation, RelaDyne has focused on offering unmatched products and services that improve the reliability and efficiency of its customers’ equipment for increased profitability of their business. RelaDyne has continued to grow through the strategic acquisition of more than 40 additional longstanding, culturally rich, and diverse industry-leaders in the lubricant, fuel distribution, and industrial service segments. Combined with market leading organic growth, RelaDyne has expanded to a national operation serving customers coast-to-coast.
RelaDyne’s growth has been marked by numerous recognitions and achievements from our strategic supplier partners. These awards include receipt of the Chevron Eagle Award since 2018, recognition as a Shell Prestige partner, and recognition as a Phillips 66 Top Tier Marketer, the highest distributor awards for each of these world-class brands.
DuraMAX, RelaDyne’s aftermarket automotive motor oil and related products brand, was recently recognized as the best-selling brand by Quick Lube Operators, according to the 2020 NOLN Fast Lube Operator Survey. RelaDyne also offers a comprehensive suite of reliability services, solidified by the 2019 acquisition of CIRCOR’s Reliability Services business, which more than doubled RelaDyne’s capabilities and offerings in the services industry.
Larry Stoddard, RelaDyne’s Chief Executive Officer, reflected on the 10-year milestone, “It has been a tremendously rewarding experience leading RelaDyne’s growth and expansion for the past decade,” he said. “We could not have enjoyed the successes we have today without the commitment and support of our associates, our customers, and our suppliers.”
“As the majority shareholder of RelaDyne, Audax Private Equity has been extraordinarily fortunate to partner with the leading transformational company in the industry and such an exceptional group of people, for this we are grateful,” said Don Bramley, Managing Director of Audax Private Equity. “This 10-year milestone is a celebration as we reflect on how far RelaDyne has come, its immense growth, and the terrific opportunities that lie ahead.”
“It’s been absolutely incredible to see and be part of the growth that RelaDyne has experienced over the past 10 years,” shared David Schumacher, Vice President of Business Development. “Part of our success stems from partnering with some of the top companies in our industry, and 100% of our success is grounded in the hard work, dedication, and devotion of our empowered associates to deliver innovative solutions for our customers and suppliers. As the industry’s Acquiror of Choice, the future is bright, and we have no plans to slow down.”
Leveraging its rich history of not only the past 10 years but the generations before, RelaDyne and its world-class associates will continue to execute on the strategic growth initiatives with a core focus on being a Great Place to Work and the Partner of Choice to deliver value, dependable service, and effective solutions.