Valvoline Inc. Overview
Company Headquarters: Kentucky, US
Founded: 1866
Workforce: ~7,900
Valvoline Inc. (Valvoline) is engaged in the production, marketing, and supply of engine & automotive maintenance products and services and is one of the leading players in the US automotive coolant market. It operates through three segments, namely Core North America, Quick Lubes, and International. Under its Core North America segment, the company produces and sells Valvoline and other branded engine and automotive maintenance products for sale in the US and Canada. It offers automotive coolants to the North American market, under this operating segment. Under the International segment, the company sells Valvoline and other branded engine and automotive maintenance products through its wholly owned affiliates, joint ventures, and independent distributors in over 140 countries across the globe, for the maintenance of consumer and commercial vehicles and equipment. The key international markets include Latin America (Mexico and Central and South America); Europe, the Middle East & Africa (EMEA); and Asia-Pacific (Australia, India, and China).
Strategy
Valvoline is focused on investing in key emerging markets such as Latin America, where the demand is growing rapidly. It also plans to expand its existing business by extending the distribution channels and diversifying the product portfolio.
