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PetroChoice Acquires Craft Oil Corporation - PetroChoice, a leading provider of lubrication solutions, announced today the acquisition of Craft Oil Corporation - CraftOilCorp.com / PetroChoice.com
PetroChoice Acquires Craft Oil Corporation

 

NewswireToday - /newswire/ - Bristol, PA, United States, 2012/12/03 - PetroChoice, a leading provider of lubrication solutions, announced today the acquisition of Craft Oil Corporation - CraftOilCorp.com / PetroChoice.com.

   
 
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In recent years, PetroChoice has been expanding its distribution efforts throughout the Mid-Atlantic Region. Adding depth to its distribution, PetroChoice has acquired Craft Oil Corporation. "We have great respect for Craft Oil," said Shane O'Kelly, CEO of PetroChoice. "We have much in common and each company brings unique talents and expertise to the combined organization. Together we will have unsurpassed capabilities and infrastructure to fulfill the specialized needs of lubricant customers throughout the Mid-Atlantic Region."

Craft Oil Corp., established in 1925 and headquartered in Avoca, PA., was a privately held company owned by Bob Mills and Maureen Mangan Mills. Bob Mills is assuming the role of President of the Mid-Atlantic Division and Chief Strategy Officer of PetroChoice. "Joining the PetroChoice team gives our valued Craft employees the opportunity to continue our growth strategy with a company that shares our vision for the lubricant industry. We look forward to delivering continuous improvements to our customers and deepening our relationships with our suppliers," said Bob Mills.

Craft Oil distributes lubricants, equipment and a wide range of related services to the commercial, automotive, industrial, and aviation markets. Key brands represented include ExxonMobil, Shell, Pennzoil, Quaker State, Service Pro, CAM2, Air1 DEF, Clean Burn, Wynn's, and Rotary Lift.

This is the fourth acquisition by PetroChoice this year. PetroChoice is focused on acquiring best-in-class lubricant distributors that are a strategic fit with its business model to expand its product and service offerings to customers, and its geographic footprint.

For more information about PetroChoice and Craft Oil Corp. visit the website and craftoilcorp.com or call 1-800-451-LUBE(5823).

About PetroChoice

PetroChoice (petrochoice.com) is a leading value-added provider of petroleum based lubrication products and services in the Mid-Atlantic and Midwest Regions. The Company provides 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.

 
 
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Written by / Agency / Source: PetroChoice

 
 

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PetroChoice Acquires Craft Oil Corporation

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Publisher Contact: Lindsay Bankert - PetroChoice.com 
215-785-3591 x2101 lbankert[.]petrochoice.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any PetroChoice securities in any jurisdiction including any other companies listed or named in this release.

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