Saudi Aramco has announced the acquisition of Valvoline’s Global Products Business
News Source:- >> | Image Source:- >>
The Saudi Arabian Oil Company, Aramco, has announced the signing of an equity purchase agreement to acquire Valvoline Inc.’ “Valvoline Global Products”, for US $2.65 billion. Valvoline Global Products is a leading global producer and distributor of premium branded automotive, commercial, industrial lubricants, and automotive chemicals.
The strategic acquisition will complement Aramco’s line of premium branded lubricant products, optimize its global base oils production capabilities, and expand Aramco’s own R&D activities and partnerships with OEMs.
About Ingenious e-Brain Solutions:-
Ingenious e-Brain Solutions provides high-quality, customized and cost-effective Technology Research, Business Research, and Intellectual Property Research solutions to industry leaders, and innovative companies across the globe. Innovation, knowledge and transparency form the basis of our company’s mission and vision. Along with cost benefits, we provide highest quality results ensuring fool-proof confidentiality and security. We are an ISO certified company with offices in India and USA.
Ingenious e-Brain Solutions has a strong team of analysts, and subject matter experts with domain proficiency which is devoted to help clients grow. Our highly qualified professionals offer tailored, value-added and cost-effective services to our clients. We believe in building long term relationships with our clients who include national and international corporations, Fortune 500 companies, world’s leading research institutes and universities as well as independent inventors.
Get in Touch:-
207-208 Welldone TechPark, Sohna Road
Sector 48, Gurugram,Haryana 122018, India
+91 124 429 4218