PetroChoice Acquires Lubricant Division of Rex Oil

Noria news wires

PetroChoice recently announced that it has acquired the lubricant division of Rex Oil Co. in Thomasville, North Carolina. The acquisition, which is the 16th PetroChoice has made since 2008, should help to solidify the company's footprint in central North Carolina.

"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 services North Carolina's Piedmont Triad area with lubricant delivery to the commercial, automotive and industrial markets. Rex Oil's Jeff Nance will join the PetroChoice team as the area manager for central North Carolina.

"PetroChoice's mission and values directly reflect ours — to deliver quality products and lubrication solutions to our customers," Nance said. "We are excited to join the PetroChoice team and continue to grow our relationships."

A leading provider of petroleum-based lubrication products and services, PetroChoice has announced plans to continue its growth by acquiring lubricant distributors that are a strategic fit with its business model in order to expand its product and service offerings as well as to extend its geographic footprint.

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