The Great Lakes division of Maxum Petroleum (“Maxum”) (comprised of Hartney Fuel Oil Company and Paulson Oil Company) announced today that its transport and railroad fuel businesses have been acquired by Mansfield Oil Company (“Mansfield”) and its lubricants and tank wagon fuel businesses have been acquired by RelaDyne.
Mansfield provides comprehensive fuel service supply, distribution, delivery and dispensing solutions through an integrated network of refiners, terminals, carriers and retailers throughout the continental United States and Canada. RelaDyne is one of the largest providers of lubrication products, fuel and services focused on integrated equipment reliability for industrial, commercial and automotive business in the United States.
The lubricants and tank wagon fuel businesses from Maxum will expand RelaDyne’s current product offering in its existing Great Lakes region to include fuel and a completely new line of products and services to offer its customer base. Among these synergies and growth opportunities, the Maxum acquisition provides RelaDyne with an opportunity to expand its Field Reliability Management (FRM) services in the commercial and industrial markets of the Great Lakes and Midwest regions.
Maxum’s transport and railroad fuel businesses fit equally well into Mansfield’s current fuel supply chain. “Our Great Lakes operation has been growing rapidly for the past five years and this was a great opportunity to accelerate that growth while adding local transportation and fuel blending assets that will expand our service capabilities,” said Jim Stout, Great Lakes Region General Manager.
