Valvoline Acquires Great Canadian Oil Change
Valvoline Inc., a leading worldwide supplier of premium branded lubricants and automotive services, has completed the previously announced acquisition of the business assets of Great Canadian Oil Change Franchising Ltd., the third-largest quick-lube system in Canada.
The acquisition expands Valvoline’s existing quick-lube network to more than 1,200 company-owned and franchised locations in North America.
“Growing and strengthening our quick-lube network through organic store expansion and high-quality acquisitions in both core and new markets is a key growth strategy for the company,” said Sam Mitchell, chief executive officer. “Great Canadian Oil Change, with its established brand and loyal customer base, is Valvoline’s first international quick-lube acquisition and provides us with an excellent opportunity to expand our quick-lube footprint outside the U.S.”
Category: Featured, Fuel & Oil, General Update, News