Oilex Operating completed the acquisition of seven stores in Arizona and Colorado from Fullspeed Automotive-backed Grease Monkey.

Oilex Operating, an automotive company, completed the acquisition of seven stores in Arizona and Colorado from Fullspeed Automotive-backed Grease Monkey, an automotive aftermarket repair facility. Financial terms were not disclosed. "I've grown up around the Grease Monkey business and have been presented the opportunity to both continue what my father started years ago and help build the brand that our family holds a steep belief in. The quick lube industry is consistently growing at a rapid pace. Oilex Operating, LLC is thrilled to be a part of Grease Monkey and participate in the progressive growth," Ron Morrow, Jr., Oilex Operating President.