Valvoline Inc. signs definitive agreement to acquire Breeze Autocare and adds nearly 200 stores for accelerated network growth
Valvoline Inc. signs definitive agreement to acquire Breeze Autocare and adds nearly 200 stores for accelerated network growth
02/20/25, 11:46 AM
Location
Industry
automotive
oil and gas
Valvoline Inc. has signed a definitive agreement to acquire Breeze Autocare from Greenbriar Equity Group, adding nearly 200 stores across 17 states to its network. The acquisition aligns with Valvoline's goal to grow its network to 3,500-plus stores and is expected to enhance its cash flow profile and drive meaningful transaction growth and long-term synergies.
Company Info
Location
Lexington, Nebraska, United States
Company info
Valvoline Inc. (NYSE: VVV) is a global leader in vehicle care powering the future of mobility through innovative services and products for vehicles with electric, hybrid and internal combustion powertrains. Established in 1866, the Company introduced the world's first branded motor oil and developed strong brand recognition and customer satisfaction ratings over the years across multiple service and product channels. The Company operates and franchises approximately 1,600 service center locations and is the No. 2 and No. 3 largest chain in the U.S. and Canada, respectively, by number of stores. With sales in more than 140 countries and territories, Valvoline's solutions are available for every engine and drivetrain, including high-mileage and heavy-duty vehicles, and are offered at more than 80,000 locations worldwide. Creating the next generation of advanced automotive solutions, Valvoline has established itself as the world's leading supplier of battery fluids to electric vehicle manufacturers, offering tailored products to help extend vehicle range and efficiency. To learn more, or to find a Valvoline service center near you, visit valvoline.com.