Shrader Tire & Oil Acquires Lubricant Business
Toledo, Ohio-based Shrader Tire & Oil Co. has acquired the lubricant business of Keneco Distributors Inc. in nearby Findlay, Ohio. The 35-year-old Keneco was owned by Mary Beilharz-Miller and her late husband, Brad.
The acquisition includes all of Keneco's lubricant operations, including a 18,750 square-foot facility, as well as inventory, vehicles, and equipment. Key Keneco personnel in management, sales, and operations have decided to join Shrader, providing business continuity.
“We’re looking forward to building a successful partnership with our new customers, and anticipate forging lasting and meaningful relationships,” says Joe Shrader, CEO and president of Shrader Tire & Oil. “Our new customer base will benefit from the addition of our quality Chevron lubricants, extreme customer service, buying power, 68 years of lubricant knowledge, and solution provider approach that will ultimately help lower their operating costs.”
Doug Cramer, manager of the Keneco warehouse in Findlay, says, “We are looking forward to being a part of the Shrader family, and we’re excited to see what the future brings for us and our customers. Our goal is a seamless transition.”
Shrader Tire & Oil is family owned and operated, and has been in business since 1948, servicing customers in the transportation, construction, and manufacturing industries. Shrader operates 13 commercial tire and fleet service centers and four bulk oil plants throughout Ohio, Michigan, and Indiana, and employs 200 people in the tri-state area.
For more information about Shrader Tire & Oil, visit www.shradertireandoil.com.