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Valvoline Global holds an official launch event in Egypt
Valvoline Global recently held an official launch event in Egypt. Organized by Valvoline’s Middle East and Africa (MEA) team and their distributor in Egypt, Ready Parts Egypt, the event brought together officials from Valvoline Global, Ready Parts Egypt, and the customers.
During the launch, Valvoline presented its product portfolio and the different market segments it covers in Egypt. It also talked about its future growth plans. Valvoline Global commented on this official launch event: “The event set a platform for our journey towards driving growth, delivering value, and shaping the future of automotive lubricants in the Egyptian market.”
The event also provided a platform for conversations with customers, as well as awarding some of the key customers. Valvoline products are being distributed in Egypt by Ready Parts Egypt, a leading company in assembling, manufacturing and distributing cars and tires in Egypt and the Middle East and North Africa region. Ready Parts was established in 2016 as a subsidiary of GB Auto Group, and it provides after-sales services to all segments of the independent automotive market, such as European, Asian, and American-made passenger cars and commercial vehicles, as well as construction and off-road equipment.
SOURCE | VALVOLINE
In 2023, Valvoline was separated into Valvoline™ Global Operations and Valvoline Retail Services (Valvoline Instant Oil Change), and the two started operating as individual businesses. Valvoline Retail Services maintained the NYSE ticker VVV, becoming a pure-play automotive retail service provider. Aramco, an integrated energy and chemicals company, acquired Valvoline Global to invest further and grow the business worldwide. .