{"schema_version":"secwatch.filing_event.v1","accession":"0001674910-25-000043","form_type":"8-K","ticker":"VVV","cik":"0001674910","company_name":"VALVOLINE INC","filed_at":"2025-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.402179+00:00","generated_at":"2026-05-26T08:59:00.682767+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Valvoline to acquire Breeze Autocare (Oil Changers) for ~$625M in cash","bullets":["Acquires Breeze Autocare for ~$625M in cash, funded via new Term Loan B; expected close in fiscal Q3 2025.","Adds nearly 200 stores across 17 states (Oil Changers brand); total network to surpass 2,200 locations.","Breeze generated $200M net sales (FYE Dec 2024); purchase price implies 10.7x adjusted EBITDA.","Deal expected to be relatively neutral to adjusted diluted EPS in year one, accretive over time.","Share repurchases paused; target net leverage of 2.5x-3.5x within 24 months post-close."],"urls":{"canonical":"https://secwatch.observer/filing/0001674910-25-000043","json":"https://secwatch.observer/filing/0001674910-25-000043.json","markdown":"https://secwatch.observer/filing/0001674910-25-000043.md","text":"https://secwatch.observer/filing/0001674910-25-000043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674910/000167491025000043/0001674910-25-000043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674910/000167491025000043/vvv-20250217.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T08:59:00.682767+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}