Valvoline to Expand Quick-Lube Operations in Canada
Valvoline has announced that it has entered into an agreement to acquire certain business assets of Minit Lube in Alberta, Canada.
The company has not disclosed the financial terms but expects the acquisition to be completed by the fourth quarter of this year.
Minit Lube was established in 1978 in Calgary, Alta., opening the first quick lube service centre in the province. Today, the company operates six service centres in total. As part of the new agreement, Valvoline will be taking over four of Minit Lube’s service centres and will operate them under its banner. Minit Lube owner Paul Robinson will operate the two remaining service centres as Valvoline’s franchise locations. After the acquisition, Valvoline intends to rebrand all the Minit Lube centres as Valvoline Great Canadian Oil Change centres. With this acquisition, Valvoline will expand its operational network consisting of over 1,350 company-owned and franchised quick-lube locations throughout Canada and the U.S.
“My family started Minit Lube in 1978,” says Paul Robinson, Minit Lube owner and Vice President of Operations. “We are proud and thankful to have served our fleet and retail customers in Calgary for over 40 years. Selling the family business has not been an easy decision, but we are confident that Valvoline shares our values and belief in high quality products, convenient locations and the best customer service staff in the business.”
“In 2018, the acquisition of Great Canadian Oil Change and Oil Changers provided us with the ideal opportunity to expand our quick-lube service model outside the U.S.,” says Tony Puckett, President, Valvoline Quick Lubes. “The Minit Lube acquisition is significant for Valvoline because it will establish our first company-owned service centers in Canada. We think Minit Lube is a natural fit because of the focus on an outstanding customer service experience that Paul and his team have developed. We look forward to serving the communities in Alberta under the Valvoline Great Canadian Oil Change brand.”