September 2, 2016 - 12:14 PM EDT
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PetroChoice Acquires the Lubricant Division of Rex Oil Company

FT. WASHINGTON, Pa., Sept. 2, 2016 /PRNewswire/ -- PetroChoice is pleased to announce the acquisition of the lubricant division of Rex Oil Company in Thomasville, North Carolina, solidifying its footprint in Central North Carolina.

"At PetroChoice, we take pride in offering our customers unparalleled sales, service and distribution capabilities. The addition of Rex Oil will allow us to reach our Central North Carolina and Southern Virginia customers more efficiently and effectively," said Bob Crouch, Executive Vice President of PetroChoice's Eastern Division. 

Established in 1932, Rex Oil Company services the Piedmont Triad area of North Carolina with dependable lubricant delivery to the commercial, automotive and industrial markets.

"PetroChoice's mission and values directly reflect ours- to deliver quality products and lubrication solutions to our customers," said Jeff Nance at Rex Oil. "We are excited to join the PetroChoice team and continue to grow our relationships."  Mr. Nance will join the PetroChoice team as Area Manager for Central North Carolina.

PetroChoice continues to grow by acquiring best-in-class lubricant distributors that are a strategic fit with its business model, expanding its product and service offerings to customers as well as its geographic footprint. 

About PetroChoice:

PetroChoice is a leading value-added provider of petroleum based lubrication products and services, providing its customers with Lubrication Solutions to meet their Safety, Savings, and Sustainability goals. PetroChoice distributes an extensive product offering of lubricants, coolants, metalworking fluids, equipment, auto-lube and filtration systems, and contamination control devices backed by unmatched technical expertise and services.  This is the 16th acquisition PetroChoice has made since 2008.  For more information about PetroChoice, visit www.petrochoice.com.  

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/petrochoice-acquires-the-lubricant-division-of-rex-oil-company-300322151.html

SOURCE PetroChoice


Source: PR Newswire (September 2, 2016 - 12:14 PM EDT)

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