Valvoline Inc.
Valvoline Inc.
Industry
About Valvoline Inc.
Valvoline Inc. is a leading American manufacturer and distributor of automotive lubricants and maintenance services. It has a rich history dating back to 1866. Founded by Dr. John Ellis in Binghamton, New York, as the Continuous Oil Refining Company, Valvoline introduced the world's first branded motor oil. This set the standard for quality and innovation in the automotive industry.
Headquartered in Lexington, Kentucky, Valvoline operates through three primary business segments.
Business Segments
Core North America focuses on the sale of Valvoline and other branded products to both Do-It-Yourself (DIY) consumers and Do-It-For-Me (DIFM) customers. Products include motor oils, antifreeze, brake fluids, and other automotive chemicals.
The Quick Lubes segment includes Valvoline Instant Oil Change and Valvoline Express Care retail service centers. These centers provide quick, convenient vehicle maintenance services such as oil changes, battery replacements, and tire rotations. As of 2023, Valvoline is the second-largest oil change service provider in the United States, operating over 1,650 locations.
The International segment involves selling Valvoline and other products through affiliates, joint ventures, licensees, and independent distributors in various international markets.
Service Commitment
Valvoline emphasizes quality and customer satisfaction. Its services are performed by certified technicians and are designed to be completed in approximately 15 minutes. Customers can remain in their vehicles during the service, enhancing convenience.
Motorsports Involvement
Valvoline has a history of involvement in motorsports, including NASCAR sponsorships since 1981. This highlights the brand's dedication to performance and innovation in automotive care.
Locations
Valvoline's global presence spans multiple locations:
- Lexington, Kentucky, USA
- Baulkham Hills, New South Wales, Australia
- Shanghai, China
- Gurugram, Haryana, India
- Dordrecht, South Holland, Netherlands
- Hampton, VA, USA
Recent Developments
In August 2022, Valvoline's lubricant unit was acquired by Saudi Aramco for $2.65 billion. This marked a significant milestone in the company's history.
Overall, Valvoline's dedication to quality, innovation, and customer satisfaction has solidified its position as a trusted name in automotive maintenance and lubricants worldwide.