Tradebe Acquires Aaron Oil Company
On Tuesday, February 12, 2019, Tradebe Environmental Services, LLC, a subsidiary of Tradebe, an international leader in sustainable waste management, completed the purchase of Aaron Oil Company, Inc. of Mobile, AL. The name of the new company is now Aaron Oil Company, LLC, a wholly-owned subsidiary of Tradebe Environmental Services, LLC.
Aaron Oil has provided high-quality environmental services to the Alabama and Gulf Coast region since 1981. The Company, which employs approximately 100 people, operates an oil collection and recycling facility in Saraland, AL with additional marine service operations in Mobile, AL and Berwick, LA.
“Daniel Alan Cowart, my late husband, began driving a used oil collection truck throughout the City of Mobile and the Gulf Coast area as a high school job. In 1981, he founded Aaron Oil Company, a leader in the reclamation and recycling of petroleum products. He encouraged me, before his passing, to look for the next right fit for Aaron Oil. The Board of Directors determined that Tradebe was that next right fit. I believe Aaron Oil and Tradebe to be complementary to each other in shared values, employee longevity and proven performance. I am confident that Dan would be pleased by this acquisition, and I’m excited for Aaron Oil’s next chapter as part of the Tradebe family,” says Lauren Cortelyou Cowart, Chairwoman of the Board, Aaron Oil, Inc.
In the US, Tradebe’s network of facilities includes RCRA permitted TSDFs and regional service centers which are positioned throughout the country. Tradebe maintains a dedicated transportation fleet operating throughout this network to service its clients’ diverse transport requirements.
With this acquisition, Tradebe’s service portfolio expands its geographical reach in Industrial and Field services, Used Oil collection and recycling, Petroleum (tank bottom) recycling as well as Maritime services. Along with these expanded capabilities, Tradebe gains the substantial experience and technical expertise of the Aaron Oil team.
“Aaron Oil was founded as a family-owned company and that culture was evident as our team explored the opportunity to acquire the Company. It became clear that their team is a special group – hard-working, talented, and dedicated to their work and providing excellent customer service.” Jeff Beswick, CEO Tradebe USA, continues, “Tradebe is very proud to incorporate the Aaron Oil family into our organization. This acquisition will leverage the combined expertise and service offerings of Tradebe and Aaron Oil to provide significant opportunities to serve our business in the Southeastern US and especially along the Gulf Coast”.
The on-going strategy and commitment of Aaron Oil to reclamation and recycling is aligned with Tradebe’s focus on sustainable waste management. With this acquisition complete, the Tradebe family of companies now employs over 2,500 people and operates 82 locations worldwide, 25 of those locations here in the US.
____________________________________________________________________________________________
ABOUT TRADEBE
Tradebe is a leading, global company in the environmental sector serving various markets including industrial, manufacturing, petrochemical, pharmaceutical, oil & gas, etc. We offer our services in Europe (UK, Spain, France and Germany), the US and the Middle East. Tradebe employs over 2,500 people worldwide and operates 82 facilities across Spain (31), United Kingdom (22), United States (25), France (2), Oman (1) and Germany (1).
For more information on how Tradebe can assist you with your goals of sustainable waste recycling, please call us at (800) 388-7242 Nationwide or email us at sustainability@tradebe.com.
____________________________________________________________________________________________
For more information:
- US: Edith Terolli edith.terolli@tradebe.com +1 (203) 537-1135 www.tradebeusa.com
- Global: Adriana Blasco adriana.blasco@tradebe.com +34 93.205.81.00 www.tradebe.com