Hutchens Rentz-Eden Acquires Fuel Dealer & Lubricant Divisions Of Watts Petroleum.
On November 1, 2023, Hutchens Rentz-Eden (HRE) acquired the fuel dealer and lubricant divisions of Watts Petroleum out of Lynchburg, VA. This purchase represents a significant step toward our long-term expansion goals to increase our presence in the New River Valley and Central Virginia.
Expansion Strengthens Fuel Dealer Relationships & Product Offerings.
The purchase of Watts Petroleum’s lubricants division is a strategic move to complement our existing lubricant warehouses in Verona and Stuart, Virginia.
Moreover, it strengthens our fuel dealer relationships with brands like Marathon Petroleum and ExxonMobil and opens the door for new relationships as we are now a Spirit Petroleum distributor.
Rest assured, the transition will not lead to any reduction in Watts Petroleum’s product and service offerings. HRE is committed to retaining and enhancing the existing product line to ensure a seamless experience for our valued customers.
Smooth Transition Supported By Experienced Watts Petroleum Personnel.
Nate Perry, our newest dealer relationship manager, will work closely with existing dealers and spearhead the expansion in the region.
Importantly, HRE values the skills and expertise of the existing team, and we’re pleased to announce that all of Watts Petroleum’s transport drivers and maintenance personnel have joined the HRE family, ensuring a smooth transition and continuity of excellent service.
Fuel Dealer Customers Benefit From Transparent, Easy-To-Use Online Portal.
Merging the strengths of both entities, HRE aims to implement positive changes for current Watts customers. For example, fuel dealers can streamline ordering, invoicing, checking prices and more by using our online fuel portal. Learn more about how our online hub simplifies your job in our recent article.
Your Experienced Local Fuel Distributor Since 1975.
If you have any questions about this exciting change, please don’t hesitate to reach out. Whether you’re a new lubricant or fuel dealer customer, or you’ve been doing business with us for decades—thank you for your continued support of Hutchens Rentz-Eden.
Hutchens Rentz-Eden
Timothy Hutchens
President