Michigan-based Vesco Oil Corp., one of the largest distributors in the United States of ExxonMobil and Valvoline-branded lubricants, acquired Ohio distributor Britsch Inc.
The transaction will expand Southfield, Mich.-based Vesco Oils geographic footprint in Ohio and Michigan, Vesco stated in a news release. Vesco also operates in Michigan, Pennsylvania and Indiana. In the past five years, Vesco Oil has expanded its business by adding distribution centers in Cleveland, Columbus and Dayton, Ohio, and Pittsburgh, Pa.
Vesco Oil co-owners and general managers Lena Epstein and Lilly Epstein Stotland told Lube Report, Vesco Oil and Britsch have had a longstanding, positive working relationship, primarily through the ExxonMobil distributor network. They said Britschs company culture will fit well with Vesco Oils.
Wauseon, Ohio-based Britsch is a family-owned distributor of ExxonMobil-branded automotive and industrial lubricants. Britsch services northwestern Ohio, including the Toledo metro area and southeastern Michigan.
Vesco said the acquisition will allow it to continue to grow and remain an independent, family-owned business. In e-mailed comments the owners said, Ultimately it will all be part of the Vesco brand name.
In addition to ExxonMobil and Valvoline, Vesco also distributes lubricants for Castrol, Perkins Products, Cam2, Motorcraft, MOC Products and Fortech Products.
Britsch has 11 employees, and Vesco intends to hire them all, Vescos co-owners said.