Valvoline to Acquire Breeze Autocare, Bringing Nearly 200 Stores and Oil Changers Brand

Valvoline Inc. has signed a definitive agreement to acquire Breeze Autocare, parent company of the Oil Changers brand, according to a recent press release.

Breeze Autocare operates nearly 200 stores across 17 states, with an extensive presence of company-owned stores across California, Texas, and the Midwest. The company, predominantly operating under the Oil Changers brand, generated $200 million in net sales for its most recent year-end.

Following the $625-million acquisition, Valvoline’s total store count in North America will be over 2,200. The company is developing its long-term integration plan for the stores, which may include refranchising certain stores. All Breeze Autocare stores will continue to operate under their current branding.

“Valvoline has been a respected name in preventive maintenance for decades and we look forward to joining forces with them,” said Breeze Autocare President and CEO Eric Frankenberger. “I believe our combined expertise and culture will benefit our team members and customers for years to come.”

“Welcoming Breeze Autocare into the Valvoline network allows us to immediately add nearly 200 stores that are geographically complementary and will expand our customer reach,” said Valvoline President and CEO Lori Flees. “This acquisition will accelerate our growth and earnings potential while enhancing our already strong cash flow profile. Our aligned cultures of putting people first and our track record of successfully integrating acquisitions give us confidence in our ability to deliver sales and profit growth.”