---
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"
generated_at: "2026-05-26T08:59:00.682767+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Valvoline to acquire Breeze Autocare (Oil Changers) for ~$625M in cash

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001674910-25-000043
- JSON: https://secwatch.observer/filing/0001674910-25-000043.json
- Plain text: https://secwatch.observer/filing/0001674910-25-000043.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.