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Shell Sells Jiffy Lube

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Shell Sells Jiffy Lube

B
Benzinga

158 Views • Mar 10, 2026

Description

Shell agreed to sell Jiffy Lube's 2,000+ locations to Monomoy Capital Partners for $1.3B, retaining Pennzoil, Quaker State, and Rotella brands. The divestiture exits a non-core asset acquired through Shell's $2.9B Pennzoil-Quaker State deal in 2002.

Keywords & Tags

#investing #automotive #NYSE #energy #franchise #Shell #CorporateStrategy #MergersAndAcquisitions #JiffyLube #MonomoyCapital

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