Founded in 1866 as a petroleum lubricant manufacturer, Valvoline Inc. has evolved into a leading automotive service provider. In early 2023, the company sold its Global Products business—which manufactured its legacy lubricants and chemicals—to Saudi Aramco to focus exclusively on its high-margin retail services segment. Today, Valvoline operates a network of approximately 2,400 company-owned and franchised service centers across North America. The company's core offering is its quick, stay-in-your-car preventive maintenance model, which includes 15-minute oil changes, tire rotations, and wiper replacements. By divesting its legacy products division, Valvoline has repositioned itself as a pure-play automotive retail business with a focus on network expansion and same-store sales growth.
