Acquisition to combine Valvoline’s global operation scale with Luval’s established local capabilities.

LEXINGTON, Ky., Sept. 9, 2026 /PRNewswire/ — Valvoline™ Global Operations, The Original Motor Oil¹ and worldwide leader in automotive and industrial solutions, today announced that it has entered into a definitive agreement to acquire Luval S.A. (“Luval”), a premier Chilean manufacturer and distributor of high-performance lubricants, greases, and maintenance products, accelerating Valvoline’s global growth strategy and strengthening its position across Latin America.

The transaction builds upon the existing 37-year commercial partnership between the two companies and combines Valvoline Global’s leadership in fluid technology with Luval’s operational and commercial presence in Chile. Additionally, the transaction emphasizes Valvoline’s commitment to its global growth strategy through a strengthened operational footprint in Latin America.

“Luval acts as a strategic partner to its customers, providing them with trusted products and solutions,” said Jamal Muashsher, Valvoline Global Operations President & Chief Executive Officer. “This acquisition is a natural progression of our strong, long-term relationship with Luval and a continuation of its excellent representation of the Valvoline brand in the Chilean market. By bringing together our complementary capabilities, we will be better positioned to serve customers in Chile, with a broad range of high-quality products and solutions. We look forward to welcoming the Luval team to Valvoline Global Operations.”

The transaction is subject to customary closing conditions and regulatory approvals, with completion expected in 2026. Terms of the transaction were not disclosed.

About Valvoline Global Operations

Valvoline™ Global, being America’s first branded motor oil, is powering the next generation of mobility through innovation for customers in 140+ countries and at more than 80,000 points of distribution. A worldwide leader in future-ready automotive and industrial solutions and best-in-class services for partners around the globe, our legacy of firsts spans 160 years.

With solutions available for every engine and drivetrain, from high-mileage and heavy duty to electric vehicles, Valvoline™ Global is inventing the way forward for mobility and beyond, expanding its heat transfer solutions to high-performance computing.

Together with our parent company Aramco, one of the world’s leading integrated energy and chemicals companies, we are driving unparalleled product innovation and sustainable business solutions for what the future holds – on and off the road.

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SOURCE Valvoline Global Operations