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News articleYahoo Finance· March 9, 2026

Shell to sell Jiffy Lube International and Premium Velocity Auto to Monomoy Capital Partners

View original at finance.yahoo.com
Shell to sell Jiffy Lube International and Premium Velocity Auto to Monomoy Capital Partners HOUSTON, March 9, 2026 /PRNewswire/ -- Pennzoil Quaker State Company DBA SOPUS Products, a wholly owned subsidiary of Shell USA, Inc., that comprises Shell's United States ("U.S.") lubricants business, has entered an agreement…
Opening lines of the source · Yahoo Finance · short snapshot — read the full document at the original

What we drew from this source

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  • This divestment allows Shell to monetize an asset that is not central to Shell's lubricant's portfolio in the US and reinvest in opportunities that generate higher returns

    60% confidence

  • Jiffy Lube has been a part of Shell Lubricants in the US for more than 20 years, consistently delivering strong performance and building a trusted brand with millions of drivers

    60% confidence

  • The transaction is expected to close in the second half of 2026, subject to regulatory approval and closing conditions

    60% confidence

  • The transaction is expected to close in the second half of 2026, subject to regulatory approval and closing conditions.

    60% confidence

  • The transaction is expected to close in the second half of 2026, subject to regulatory approval and closing conditions

    60% confidence

  • This divestment allows Shell to monetize an asset that is not central to Shell's lubricant's portfolio in the US and reinvest in opportunities that generate higher returns by capitalizing on a strong market opportunity.

    60% confidence

  • Jiffy Lube has been part of Shell Lubricants in the US for more than 20 years, consistently delivering strong performance and building a trusted brand

    60% confidence

  • Shell Lubricants companies have led the global lubricants industry by volume for more than 19 consecutive years

    60% confidence

  • Shell is the leading deep-water operator and largest producer of oil and gas in the U.S. Gulf of America

    60% confidence

  • Shell Lubricants companies have led the global lubricants industry by volume for more than 19 consecutive years

    60% confidence

  • By capitalizing on a strong market opportunity, this divestment allows Shell to monetize an asset that is not central to Shell's lubricant's portfolio in the US and reinvest in opportunities that generate higher returns

    60% confidence

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Shell to sell Jiffy Lube International and Premium Velocity Auto to Monomoy Capital Partners — Source | Via News | ViaNews Market