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RAB Research Archive

New mergers and acquisitions change the quick lube landscape



While there probably won’t be “under new management” or even “under new ownership” signs popping up at some quick lube shops around the country, the industry has seen a few noticeable mergers in recent months. In December 2016, Driven Brands, a portfolio company of the Roark Capital Group, announced it had acquired Texas-based Express Lube, a regional chain founded in 1990 and was operating 31 locations in the Lone Star state.

Source: National Oil & Lube News



View or Download: http://noln.net/2017/02/28/new-mergers-and-acquisitions-change-the-quick-lube-landscape/

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