Lexington, Ky. – September 13, 2026 -- Valvoline Global Operations has signed a definitive agreement to acquire Luval S.A., a Chilean manufacturer and distributor of high-performance lubricants, greases, and maintenance products, deepening its footprint in Latin America. Terms of the transaction were not disclosed.
Deal builds on 37-year partnership between the two companies
Valvoline Global and Luval have maintained a commercial relationship spanning 37 years, with Luval serving as the brand's representative in the Chilean market. The acquisition formalizes that relationship by merging Valvoline Global's fluid technology leadership with Luval's local operational and commercial infrastructure.
Closing expected in 2026 pending regulatory approval
The transaction remains subject to customary closing conditions and regulatory approvals, with completion targeted for 2026. Jamal Muashsher, President and CEO of Valvoline Global Operations, said the acquisition is a natural progression of the companies' long-term relationship and will strengthen the ability to serve Chilean customers with a broader range of products.
Move extends Valvoline's reach across 140+ countries
Valvoline Global currently operates across more than 140 countries and 80,000 points of distribution. The company is majority owned by Aramco, one of the world's largest integrated energy and chemicals companies.