In the News:
Rye, NY(January 13, 2012) — Greenbriar Equity Group LLC today announced the acquisition of PetroChoice, a leading, value-added distributor of petroleum lubricant solutions. Greenbriar acquired the Company from KRG Capital Partners. Terms of thetransaction were not disclosed.
Headquartered in Riddlesburg, Pennsylvania, PetroChoice is the largest distributor of consumable commercial, industrial, and passenger vehicle lubricants in the Mid-Atlantic and Upper Midwest regions of the United States. It serves a diverse set of customers across a range of industries including original equipment manufacturing, off-highway construction, surface mining, energy, metal working, food processing and passenger automotive, providing its customers with total fluids management for their lubricant needs. The Company distributes an extensive line of bulk products and a full range of packaged lubricants. In addition, PetroChoice offers its customers value-added servicesincluding customer on-site tank systems, in-plant and off-loading filtration, application engineering expertise, coolant program expertise and expert oil analysis. PetroChoice is actively pursuing organic growth opportunities as well as acquisitions with a focus on partnering with best-in-class lubricant distributors to expand its geographic footprint and service offerings to its customers.
Superior, WI (October 7, 2011) —PetroChoice, a leading provider of lubrication solutions, announced today that it has acquired Rapids Hydraulic and Machine, Inc. (“Rapids Hydraulic” or the “Company”) from its shareholders Ryan Salberg, Mike Markey and Guy Gunwall. PetroChoice is focused on acquiring best-in-class lubrication related companies to expand its geographic footprint and service offering to customers. “Rapids Hydraulic is a great addition to PetroChoice and we look forward to partnering with Rapids Hydraulic,” said Steve King, President of PetroChoice- Midwest Division. “We believe the partnership between PetroChoice and Rapids Hydraulic will be very complementary given both companies’ focus on providing unmatched service, reliability and product selection and we are excited about the growth opportunities for the combined business.
Rapids Hydraulic provides custom manufacturing solutions, machine shop, hydraulic components and repair. They are best known for their hydraulic rebuilding services. Rapids Hydraulic currently provides these services to the Pulp & Paper, Board Mill, Logging, Construction, Sugar Beet, and Mining industries.
Riddlesburg, PA (April 11, 2011) —PetroChoice, a leading distributor of petroleum lubricant products, announced today that it has acquired Anderson Lubricants, Inc. (“Anderson” or the “Company”) from its shareholder Steve King.
PetroChoice is focused on acquiring best-in-class lubricant distributors to expand its geographic footprint and service offering to customers. “Anderson is a great addition to PetroChoice and we look forward to partnering with Steve King and his team,” said Robert Black, President of PetroChoice. “We believe the partnership between PetroChoice and Anderson will be very complementary given both companies’ focus on providing unmatched service, reliability and product selection and we are excited about the growth opportunities for the combined business.”