On the Record · Valvoline
Valvoline acquisitions, on the record
The businesses Valvoline bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Global Products reportable segmentWord for word“On March 1, 2023, Valvoline completed the sale of its former Global Products reportable segment (“Global Products”) to Aramco Overseas Company B.V. (“Aramco”) for a cash purchase price of $2.650 billion, subject to certain customary adjustments as set forth in the Purchase Agreement (the “Transaction”).” 10-K for 2023 | divestiture | On March 1, 2023 | $2.650 billion |
31 service center storesWord for word“The Company acquired 31 service center stores in single and multi-store transactions for an aggregate purchase price of $ 36.3 million during the year ended September 30, 2023.” 10-K for 2023 | acquisition | during the year ended September 30, 2023 | $ 36.3 million |
36 service center storesWord for word“The Company acquired 36 service center stores in single and multi-store transactions, including five former franchise locations and two former Express Care locations that were converted to company-operated service center stores, for an aggregate purchase price of $ 53.3 million during the year ended September 30, 2024.” 10-K for 2024 | acquisition | — | — |
37 service center storesWord for word“The Company acquired 37 service center stores in single and multi-store transactions, including four former franchise locations and five former Express Care locations, which were converted to company-operated service stores, for an aggregate purchase price of $ 50.7 million during the year ended September 30, 2022.” 10-K for 2024 | acquisition | during the year ended September 30, 2022 | aggregate purchase price of $ 50.7 million |
Global Products reportable segment (Valvoline Global Operations)Word for word“On March 1, 2023, Valvoline completed the sale of its former Global Products reportable segment (“Global Products”), now doing business as Valvoline Global Operations (“VGO”) to Aramco Overseas Company B.V. (the “Buyer”) (the “Transaction”).” 10-K for 2025 | divestiture | March 1, 2023 | — |
Breeze AutocareWord for word“In February 2025, Valvoline signed a definitive agreement to acquire Breeze Autocare from Greenbriar.” 10-K for 2025 | agreed acquisition | February 2025 | — |
45 Breeze Autocare locations to Mainstreet Auto, LLCWord for word“Valvoline will acquire 207 Breeze Autocare stores, and consistent with the Decision and Order, Valvoline will divest 45 of those locations to 31 Mainstreet Auto, LLC (“Mainstreet”), for a net purchase price of $593 million, subject to (i) adjustments for store acquisitions and sale-leaseback transactions completed by Breeze Autocare since signing and (ii) customary closing adjustments.” 10-K for 2025 | agreed divestiture | — | $593 million |
NuWash, Inc. (doing business as NuBrakes)Word for word“The Company also acquired NuWash, Inc. (doing business as NuBrakes), which offers mobile automotive maintenance services including brake repair.” 10-K for 2025 | acquisition | — | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-09-30 | $83 million | $0 | $94 million |
| 2017-09-30 | $68 million | $0 | $66 million |
| 2018-09-30 | $125 million | — | $52 million |
| 2019-09-30 | $78 million | — | $50 million |
| 2020-09-30 | $40.1 million | — | $17 million |
| 2021-09-30 | $281.7 million | — | $204.4 million |
| 2022-09-30 | $50.7 million | $0 | $39.1 million |
| 2023-09-30 | $36.3 million | $0 | $29 million |
| 2024-09-30 | $52.7 million | $71.5 million | $44.3 million |
| 2025-09-30 | $65 million | $121 million | $55.6 million |
Deal filings since 2016
- 2026-08-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-12-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-08-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-03-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-03-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2023-01-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-12-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-08-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-04-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-01-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-05-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-02-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-02-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-11-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-09-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Valvoline’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2025-11-21. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.