Big Acquisition

We’re hearing from a couple of sources that Henley Enterprises, the major Valvoline Instant Oil Change franchisee owned by Don Smith (our 2004 Operator of the Year) has purchased the entire 74-store EZ Lube chain from its equity owner, Goldman Sachs. This would give Henley a major presence on the West Coast and if, as expected, the EZ Lube stores are converted to VIOCs, would add quite a large stable of facilities to the nation’s second-largest fast lube franchise network.

Plus, we also hear that in addition to the EZ Lube purchase, Henley Enterprises has purchased a fellow VIOC franchisee with more than 30 stores in the San Diego market. Obviously a big shakeup in the lube market, and we’ll have more on this story as it develops.

(This post written while listening to “Welcome Home (Sanitarium)” by Metallica.)

About National Oil & Lube News

National Oil & Lube News is the fast oil change industry's oldest and largest trade publication. Started in 1986 by Steve Hurt (a former fast lube owner) and David Arrington, NOLN has grown and evolved right alongside the fast lube industry. Here at NOLN, our aim is to help fast lube operators with every facet of their business, from operations to technical issues. Our monthly magazine and this regularly updated website contain everything from technical tips, recall announcements and service guides to articles on handling customer complaints, building your brand and making your business the best it can be. With tips and advice from experts both inside and outside the industry, you're sure to learn something that can help your fast lube business grow and prosper.
This entry was posted in don smith, ez lube, Henley Enterprises, Valvoline Instant Oil Change. Bookmark the permalink.

1 Response to Big Acquisition

  1. Anonymous says:

    Not sure this is completely accurate.

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