Valvoline is owned by the publicly traded company Ashland Global Holdings Inc. Ashland completed the separation of Valvoline as a standalone company in 2017. According to WallStreetZen, Valvoline (NYSE: VVV) is owned by 93.37% institutional shareholders, 0.55% Valvoline insiders, and 6.08% retail investors. Vanguard Group Inc is the largest individual Valvoline shareholder, holding 17.17M shares representing 10.36% of the company.
Valvoline’s journey dates back to 1866, when Dr. John Ellis developed a petroleum-based lubricant in his laboratory. This marked the birth of Valvoline as a brand synonymous with innovation and excellence in lubrication.
Valvoline operated as a subsidiary of Ashland Inc., a diversified specialty chemical company for several decades. Ashland Inc. recognized Valvoline’s potential and nurtured its growth, allowing the brand to establish itself as a leader in the lubricant industry.
In 2017, Ashland Inc. strategically spun off Valvoline into a separate publicly traded entity. This move aimed to unlock the full potential of Valvoline and provide it with more autonomy and focused attention.
Valvoline Becomes Independent
After the spin-off, Valvoline became an independent company, trading on the New York Stock Exchange under the “VVV.” This transition allowed Valvoline to chart its course and operate with a dedicated management team focused solely on the brand’s success.
The Valvoline Company
Today, Valvoline operates as The Valvoline Company, headquartered in Lexington, Kentucky. It continues to build upon its rich heritage and commitment to delivering innovative lubricant solutions to customers worldwide.
The ownership of Valvoline primarily lies with institutional and individual shareholders who hold the company’s publicly traded shares. These shareholders include mutual funds, pension funds, individual investors, and other financial institutions.
Valvoline adheres to a robust corporate governance framework to ensure effective management and decision-making. This framework comprises a board of directors overseeing the company’s strategic direction and the executive leadership team responsible for day-to-day operations.
Valvoline’s Growth and Expansion
In recent years, Valvoline has experienced significant growth and expansion. Through organic initiatives and strategic acquisitions, the company has expanded its product portfolio and diversified its presence in various market segments.
Valvoline’s Global Presence
Valvoline operates on a global scale, serving customers in over 140 countries. With a strong distribution network, the brand has established a substantial presence in key markets worldwide, catering to the lubrication needs of diverse industries.
Research and Development
Valvoline strongly emphasizes research and development to drive innovation and maintain its competitive edge. By investing in cutting-edge technologies and collaborating with industry experts, the company continues to develop lubricant solutions that meet evolving customer requirements.
Valvoline is committed to sustainability and minimizing its environmental impact as a responsible corporate entity. The company actively promotes eco-friendly practices and strives to develop environmentally friendly lubricants while delivering exceptional performance.
Partnerships and Collaborations
Valvoline recognizes the value of strategic partnerships and collaborations. Through alliances with automotive manufacturers, professional racing teams, and industry organizations, the brand strengthens its position in the market and fosters innovation in the lubricant industry.
Valvoline’s Market Position
Valvoline has solidified its position as a trusted and reliable provider of lubricant products. The brand’s commitment to quality, performance, and customer satisfaction has earned it the loyalty of automotive enthusiasts, professional mechanics, and industrial professionals alike.
In conclusion, Valvoline has emerged as a leading player in the lubricant industry, driven by its rich heritage, dedication to innovation, and commitment to customer satisfaction. As an independent company, Valvoline continues to thrive under the ownership of its institutional and individual shareholders, maintaining a global presence and delivering exceptional lubricant solutions to meet diverse industry needs.
FAQs About Valvoline
You can purchase its publicly traded shares through a brokerage account to invest in Valvoline.
No, Valvoline offers a wide range of lubricant products for both automotive and industrial applications.
Valvoline’s core values include innovation, quality, sustainability, and customer satisfaction.
Yes, Valvoline is actively involved in community initiatives and corporate social responsibility programs.
For more information about Valvoline, visit their official website or contact their investor relations department.