SPATCO Energy Solutions Acquires the Assets of Performance Oil Equipment, Inc.

CHARLOTTE, N.C., June 26, 2018 /PRNewswire/ -- SPATCO Energy Solutions ("SPATCO") (http://www.spatco.com/) today announced it has acquired the assets of Performance Oil Equipment, Inc. ("Performance"), a Mississippi based supplier of equipment and services to the petroleum industry.  Performance is an authorized distributor of Wayne Fueling Systems and is based near Jackson, Mississippi, with a satellite office in Hattiesburg, Mississippi.  Performance services central and southern Mississippi, eastern Arkansas, and eastern Louisiana.  Jimmy Ratcliff, President, will remain with SPATCO as Installation Manager and Wayne Parish, Vice President, will remain as Service Manager.  The acquisition is SPATCO's 10th expansion in three years.  SPATCO sells, installs, and services all brands of petroleum equipment in Mississippi, North Carolina, South Carolina, Alabama, Kentucky, Florida, Georgia, Virginia, and Tennessee.

"I'm pleased that the talented team from Performance Oil Equipment will now be a part of the SPATCO family," said Jeff Dailey, President and CEO of SPATCO.  "Their experience and excellent reputation is a huge asset to our company and together we can continue to provide high quality products and services throughout Mississippi." 

"I look forward to aligning with SPATCO as the next logical step in our growth in the Gulf market," said Jimmy Ratcliff, President of Performance.  "SPATCO brings with them complementary solutions that will help serve our valued customers and provide them with additional resources as we grow together."

SPATCO, a Blue Ridge Industries company, provides fueling equipment for retail and commercial customers as well as professional services such as electrical installations, turnkey projects, batching systems, and service/repair.  In addition to serving the petroleum and industrial industry for nearly 90 years, SPATCO is the North American distributor and nationwide service and installation provider for Galileo Technologies, S.A. a natural gas conversion equipment manufacturer.  SPATCO also manufactures and distributes a full line of Diesel Exhaust Fluid (DEF) dispensing systems.

Information for Release:

Contact:  Jennie Davis

704-599-7696

[email protected]

SOURCE SPATCO Energy Solutions

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