.
MergerLinks Header Logo

New Deal


Announced

Valvoline to acquire 21 VIOC centers from Westco Lube.

Financials

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

Tags

Edit

automobile parts

Private

Friendly

Majority

Domestic

Single Bidder

Auto Parts

Pending

United States

Acquisition

Synopsis

Edit

Valvoline, a worldwide supplier of premium branded lubricants and automotive services, agreed to acquire 21 VIOC centers from Westco Lube, a manufacturer of automobile parts and equipment. Financial terms were not disclosed. "I joined Valvoline as a franchisee more than 20 years ago, and looking back now, it was one of the best decisions I have ever made. Valvoline has been a tremendous business partner. I am thankful for the Westco team and their many contributions. They are truly like family to my wife, Julie, and me. Knowing the Valvoline culture as well as I do, I couldn't be more comfortable with this transition and confident in the future success of all involved," Dick Jacobsen, Westco Lube Owner.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US