The McPherson Companies, Inc. Acquires Salathe Oil in Harvey, Louisiana15 Oct 2018, Posted by General in
Birmingham, Ala – October 15, 2018 – The McPherson Companies, Inc. (McPherson) has acquired Salathe Oil Company (Salathe) in Harvey, Louisiana. Salathe’s business includes commercial fuel, an unmanned fuel site and lubricant products in the New Orleans and surrounding markets. , McPherson will use the Harvey, LA facility to serve as the operations base for the newly acquired Salathe customers and the Louisiana lubricant volume acquired from Retif Oil & Fuel on September 17, 2018.
Including this acquisition, McPherson has 11 warehouse locations and 245 employees in the Southeastern US McPherson, an ExxonMobil Circle of Excellence award recipient, is a second-generation family owned business and is the Southeast’s largest provider of lubricants, commercial fuel, fleet card, retail fuel and industrial services. The Company was founded by Charles McPherson in Oneonta, Alabama in 1971, and is now headquartered in Trussville, Alabama.
Ken McPherson, President and CEO, commented “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 new Louisiana people to the McPherson family.