M&A Deal Summary

Valvoline Acquires Great Canadian Oil Change

On May 17, 2018, Valvoline acquired energy services and equipment company Great Canadian Oil Change

Acquisition Highlights
  • This is Valvoline’s 1st transaction in the Energy Services and Equipment sector.
  • This is Valvoline’s 1st transaction in Canada.
  • This is Valvoline’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2018-05-17
Target Great Canadian Oil Change
Sector Energy Services and Equipment
Buyer(s) Valvoline
Deal Type Add-on Acquisition

Target

Great Canadian Oil Change

Chilliwack, British Columbia, Canada
website
Great Canadian Oil Change Ltd. is a provider of franchises 73 quick-lube stores in five Canadian provinces, primarily in British Columbia and Saskatchewan.

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Buyer(S) 1

Buyer

Valvoline

Lexington, Kentucky, United States

website

Category Company
Founded 1866
Sector Chemicals
Employees8,800
Revenue 1.2B USD (2022)
DESCRIPTION

Valvoline is a worldwide producer and distributor of premium-branded automotive, commercial and industrial lubricants, and automotive chemicals. Valvoline markets Eagle One appearance products, Zerex antifreeze, SynPower performance products, Pyroil automotive chemicals and MaxLife products created for higher-mileage engines. Valvoline was founded 1866 and is based in Lexington, Kentucky.

DEAL STATS #
Overall 3 of 7
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (British Columbia) 1 of 1
Country (Canada) 1 of 2
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-04 Time-It Lube

Tyler, Texas, United States

Time-It Lube Corp. is an owns and operator of quick-lube stores.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 VCA Solutions

Lexington, Kentucky, United States

VCA Solutions is a global distributor of automotive lead-acid and AGM batteries. Today, nearly 1,300 VIOC company-operated and franchise-owned service center locations use VCA for their battery solutions.

Buy -
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