Valvoline (VVV) Priced

Manufacturer of automotive lubricants and quick lube chain spun out of Ashland.

Industrials - Auto Components

IPO Performance
Latest Trade $22.81 +0.01 (+0.0%)
First Day Return 5.0%
Return from IPO 3.6%
 
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IPO Data
IPO File Date 05/31/2016
Offer Price $22.00
Price Range $20.00 - $23.00
Offer Shares (mm) 30.0
Deal Size ($mm) 660
 
IPO Data
IPO Date 09/22/2016
Offer Price $22.00
Price Range $20.00 - $23.00
Offer Shares (mm) 30.0
Deal Size ($mm) $660
 
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Business Overview
We are one of the most recognized and respected premium consumer brands in the global automotive lubricant industry, known for our high quality products and superior levels of service. Established in 1866, our heritage spans 150 years, during which we have developed powerful name recognition across multiple product and service channels. We have significant positions in the United States in all of the key lubricant sales channels, and also have a strong international presence with our products sold in approximately 140 countries. In the United States and Canada, our products are sold to consumers through over 30,000 retail outlets, to installer customers with over 12,000 locations, and to approximately 1,050 Valvoline branded franchised and company-owned quick lube stores. We serve our customer base through an extensive sales force and technical support organization, allowing us to leverage our technology portfolio and customer relationships globally, while meeting customer demands locally. This combination of scale and strong local presence is critical to our success.
We are one of the most recognized and respected premium consumer brands in the global automotive lubricant industry, known for our high quality products and superior levels of service. Established in 1866, our heritage spans 150 years, during which we have developed powerful name recognition across...
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Company Data
Headquarters Lexington, KY
Founded 1986
Employees 5,050
Website www.valvoline.com
 

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