Valvoline Completes First International Acquisition

Valvoline Inc. has completed its previously announced acquisition of the business assets of Great Canadian Oil Change Franchising, which is billed as the third-largest quick-lube system in Canada. Great Canadian has 73 franchised shops across five provinces. The move expands Valvoline’s existing quick-lube network to more than 1,200 company-owned and franchised locations in North America.

“Great Canadian Oil Change, with its established brand and loyal customer base, is Valvoline’s first international quick-lube acquisition, and provides us with an excellent opportunity to expand our quick-lube footprint outside the U.S.,” said Valvoline CEO Sam Mitchell.

Financial terms of the transaction have not been disclosed.