Valvoline Global Operations—a separate entity from Valvoline Inc.—announced that it has entered into a definitive agreement to acquire Luval S.A., a premier Chilean manufacturer and distributor of high-performance lubricants, greases, and maintenance products.

As shared in a recent press release, the transaction builds upon the existing 37-year commercial partnership between the two companies and combines Valvoline Global's leadership in fluid technology with Luval's operational and commercial presence in Chile. The transaction has brought Valvoline a strengthened operational footprint in Latin America.

The transaction is subject to customary closing conditions and regulatory approvals, with completion expected in 2026.

"Luval acts as a strategic partner to its customers, providing them with trusted products and solutions," said Jamal Muashsher, Valvoline Global Operations president & chief executive officer. "This acquisition is a natural progression of our strong, long-term relationship with Luval and a continuation of its excellent representation of the Valvoline brand in the Chilean market. By bringing together our complementary capabilities, we will be better positioned to serve customers in Chile, with a broad range of high-quality products and solutions. We look forward to welcoming the Luval team to Valvoline Global Operations."