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New Deal


Announced

Valvoline to acquire Minit Lube.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Natural

Specialty Chemicals

Private

chemicals

Acquisition

Canada

Pending

specialty chemicals

Single Bidder

Synopsis

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Valvoline, a leading worldwide marketer, and supplier of premium branded lubricants and automotive services, to acquire Minit Lube, automotive maintenance company. Financial terms were not disclosed. "The Minit Lube acquisition is significant for Valvoline because it will establish our first company-owned service centers in Canada. We think Minit Lube is a natural fit because of the focus on an outstanding customer service experience that Paul and his team have developed. We look forward to serving the communities in Alberta under the Valvoline Great Canadian Oil Change brand." Tony Puckett, President, Valvoline Quick Lubes.

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