Take 5 Acquires New Store
Feb. 21, 2020—Take 5 Oil Change has acquired Pennzoil 10 Minute Lube in South Houston, Texas, according to a press release.
“Over the last 18 years, Pennzoil 10 Minute Lube has prided itself on providing a high level of service to our customers in South Houston,” said Don Nguyen, former owner of Pennzoil 10 Minute Lube. “During this process, it has become clear that Take 5 will take care of our customers by offering them the same fast and friendly service. I’m excited to sell them the business and watch it continue to grow.”
In 2019, Take 5 broke 500 locations, and this acquisition makes 11 new stores so far in 2020, with four ground-up locations already completed, according to the release.