Shell (SHEL) said Monday it agreed to sell Jiffy Lube International and its Premium Velocity Auto subsidiary to an affiliate of private equity firm Monomoy Capital Partners for $1.3B, as the ...
March 9 (Reuters) - Shell said on Monday it will sell its Jiffy Lube lubricant shop chain to an affiliate of private equity ...
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Shell to Sell Jiffy Lube Network to Monomoy in $1.3 Billion Deal
Shell has agreed to sell Jiffy Lube International and franchise operator Premium Velocity Auto to Monomoy Capital Partners for $1.3 billion as part of a strategy to streamline its lubricants portfolio ...
The energy major agreed to divest its automotive service center chains to the private equity firm, exiting the retail vehicle maintenance business.
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