AI brief of an SEC Form 8-K · Valvoline (VVV)

Valvoline closes $593 million Breeze Autocare deal, funded by $740 million term loan

Neutral Impact 4 of 5 m&a Written later

Valvoline completed its acquisition of OC IntermediateCo, which owns the Breeze Autocare business and Oil Changers stores, on December 1, 2025. The net purchase price was $593 million, subject to adjustments, and was funded by a new $740 million senior secured term loan B that matures on the seventh anniversary of the closing date. The company must also divest 45 Breeze Autocare stores, as required by the Federal Trade Commission, and the filing does not report earnings or updated guidance.

Key points

  • Acquisition closed December 1, 2025; net purchase price of $593 million, subject to closing and working capital adjustments
  • $740 million incremental term loan B; interest at adjusted term SOFR plus 2.000% or alternate base rate plus 1.000%
  • 45 Breeze Autocare stores sold to Main Street Auto Express Oil, LLC, as required by an FTC Decision and Order

The filing

CompanyValvoline (VVV)
Form8-K, current report
Filed with the SECDec 1, 2025, 4:31 PM ET
Accession number0001674910-25-000136

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 01, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.