U.S. lubricant distributor Halco is acquired by Pugh-Apollo-Veterans
Pugh Lubricants, Apollo Oil, and Veteran’s Oil joined to become a leading distributor of lubricants, fuel, antifreeze, and diesel exhaust fluid in 2017 in the United States. In December 2018, Pugh-Apollo-Veterans acquired Norcross, Georgia-based Halco Lubricants. And so, the consolidation of the lubricant distributor market in the U.S. continues.
Halco is a distributor of finished lubricants, antifreeze, and other ancillary product lines throughout Georgia, South Carolina, and portions of Alabama and North Carolina.
This marks the third combination for Pugh Lubricants in the last two years and furthers its strategy of adding leading brands and prominent distributors to the company.
“We look forward to working with the Parkers and the rest of the Halco organization to build on the strong foundation they have created. This partnership reinforces our position as a best-in-class organization for customers, suppliers, and employees,” said Mike Pugh, president of Pugh-Apollo-Veterans.
“We are excited about the opportunities for growth provided by joining the Pugh-Apollo-Veterans team. Our combined resources and experience will allow us to enhance our service and offerings to our customers, create improved alignment with our suppliers, and offer our employees career and professional development opportunities,” said Alan Parker, president of Halco Lubricants.
Pugh-Apollo-Veterans is a distributor of nationally branded and private label finished lubricants, fuel, antifreeze, diesel exhaust fluid, and other ancillary product lines throughout the Carolinas, Virginia, Tennessee, Kentucky, Ohio, West Virginia, Georgia, Alabama, and portions of Mississippi, Louisiana, Texas, Arkansas, Illinois, and Indiana.