Shell Sells Tennessee Distribution Center


A Springfield, Tenn., oil jobber announced last month that it has purchased a lubricant distribution center outside of Nashville from Shell Oil Co. Hollingsworth Oil Co. said the acquisition significantly increases the size of its lubes business and that it looks to expand further in the future.

This particular acquisition is a great complement to our existing operations, and it gives us a tremendous amount of additional business, Sales Manager Tom Griffin told Lube Report yesterday. We will be working to make more deals where we find opportunities that are a good fit. Were just interested in growing our business.

The companies did not disclose terms of the sale. The center, located in Goodlettsville, Tenn., distributes Pennzoil, Quaker State and Rotella branded lubricants, largely to installer accounts such as quick-lubes, car and truck dealerships, truck centers and Wal-Marts. Hollingsworth did not disclose the volumes of sales done by the center or its existing lubes operations, which serves the consumer, transport and industrial sectors.

Hollingsworth did say that the center has more than 1,000 customers and that it serves central Tennessee and southern Kentucky, similar geographically to its existing customer base.

A privately owned 31-year-old company, Hollingsworth employs 30 people and is the largest independent fuels distributor in Tennessee.

Related Topics

Market Topics