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 ...
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.