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Monday, October 16, 2017VOLUME 13 ISSUE 42
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Pugh-Apollo Acquires Veteran's Oil

Pugh Lubricants and Apollo Oil who merged in March of this year announced last Tuesday the acquisition of Veteran's Oil, headquartered in Birmingham, Alabama. Veteran's Oil is a leading regional distributor of fuels, lubricants, diesel exhaust fluid, and related products and services for the automotive, commercial, and industrial markets. Veteran's Oil covers the Alabama and Georgia markets from distribution centers in Birmingham, Montgomery and Atlanta. This geography borders the existing company footprint that includes North Carolina, South Carolina, Virginia, Tennessee, Kentucky, Ohio, and West Virginia.

In March of this year, Asheboro, NC-based Pugh Lubricants and Winchester, KY-based Apollo Oil combined to create one of the largest lubricant distribution companies in the eastern United States. The combination joined Pugh's service regions in North Carolina, South Carolina, Virginia, and Tennessee with Apollo's service regions in Kentucky, Ohio and West Virginia under one company.

Pugh-Apollo President Mike Pugh said, "The addition of Veteran's Oil is a great fit for our organization and will strengthen our ability to serve customers throughout the Southeast. We are excited to expand further into Alabama and Georgia with a great new partner who shares our commitment to delivering quality products and providing great service." Jason Musgrove, General Manager, Veteran's Oil said, "This is a great opportunity to bring Veteran's top quality workforce and exceptional customer service into an organization with similar values."

The transaction was effective as of Sept. 26, 2017.

Pugh-Apollo is a distributor of nationally branded (including Phillips 66, Kendall, Valvoline, Shell and Castrol) and private label finished lubricants, antifreeze, and other ancillary product lines.

Veteran's Oil is a distributor of nationally branded (primarily Shell) and private label fuels, finished lubricants, antifreeze, and other ancillary product lines throughout Alabama and Georgia.


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