From The Trussville Tribune staff reports
BIRMINGHAM – The McPherson Companies, Inc.(McPherson) has acquired Salathe Oil Company (Salathe) in Harvey, Louisiana as part of their strategic growth initiative.
Ken McPherson, President and CEO, commented “We are pleased to complete our second acquisition this year. When we started discussions with Salathe, we immediately recognized a strong culture fit with similar family values. It is extremely important to us that our customers are serviced by local employees, and the Salathe acquisition brings some great Louisiana people to the McPherson family.”
Upon completion of this acquisition, McPherson will have 11 warehouse locations and 245 employees in the Southeastern US. The company will use the Harvey, LA facility to serve the newly acquired Salathe customers and the Louisiana lubricant volume acquired from Retif Oil & Fuel on September 17, 2018.
McPherson, a second-generation family owned business, is proud to be an ExxonMobil Circle of Excellence Gold Award recipient and is one of ExxonMobil’s key providers of lubricants, commercial fuel, fleet card, retail fuel and industrial services in the Southeast.