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Valvoline ( (VVV) ) has provided an update.
On February 17, 2025, Valvoline Inc. announced its agreement to acquire OC IntermediateCo, which owns Breeze Autocare, a business with nearly 200 quick lube oil change stores under the Oil Changers brand, for approximately $625 million. This acquisition is expected to significantly expand Valvoline’s market presence, bringing its total number of locations to over 2,200, and is projected to close in fiscal Q3 2025, pending customary closing conditions and regulatory approvals. The deal aims to accelerate Valvoline’s growth and enhance its cash flow profile, leveraging Breeze Autocare’s strong track record and geographic reach.
More about Valvoline
Valvoline Inc. is a leading company in the preventive automotive maintenance industry, offering services at over 2,000 franchised and company-operated centers across the United States and Canada. The company specializes in quick, stay-in-your-car oil changes and a variety of other manufacturer-recommended maintenance services.
YTD Price Performance: 6.03%
Average Trading Volume: 1,647,463
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.85B
See more insights into VVV stock on TipRanks’ Stock Analysis page.
