Valvoline to Acquire Great Canadian Oil Change, its First International Quick-Lube Acquisition
Valvoline Inc. (VVV)
Last valvoline inc. earnings: 2/3 05:00 pm
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Source: Business Wire
Great Canadian Oil Change, which has 73 franchised stores in five Canadian provinces, will become Valvoline’s largest quick-lube brand in Canada LEXINGTON, Ky.--(BUSINESS WIRE)-- Valvoline Inc. (NYSE: VVV), a leading worldwide supplier of premium branded lubricants and automotive services, today announced that it has signed a definitive agreement to acquire the business assets of Great Canadian Oil Change, which franchises 73 quick-lube stores in five Canadian provinces, primarily in British Columbia and Saskatchewan. The acquisition is expected to be completed within 60 days. Financial terms were not disclosed. Great Canadian Oil Change, based in Chilliwack, British Columbia, was founded in 1978 and is the third largest quick-lube system in Canada. The acquisition will expand Valvoline’s existing quick-lube network to more than 1,200 company-owned and franchised locations. “Growing
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VVV
News
- Valvoline Inc. (NYSE: VVV) had its price target raised by analysts at Citigroup Inc. from $36.00 to $45.00. They now have a "neutral" rating on the stock.MarketBeat
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VVV
Earnings
- 2/6/24 - In-Line
VVV
Sec Filings
- 3/14/24 - Form 8-K
- 3/8/24 - Form 4
- 3/4/24 - Form 4
- VVV's page on the SEC website