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Why Is Shell Selling Jiffy Lube After Two Decades for $1.3B?
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Subscribe11 MAR 2026 / FINANCE
Shell has agreed to sell its Jiffy Lube International and Premium Velocity Auto businesses to Monomoy Capital Partners for $1.3bn. This divestment will allow Shell to focus more on businesses that support its core energy strategy and offer higher returns on capital, reflecting a broader shift among energy companies towards tighter portfolios and strategic alignment.
Every large corporation eventually faces the same quiet question during portfolio reviews: which assets still earn their keep, and which ones simply sit there because they always have? Shell’s decision to sell Jiffy Lube International and Premium Velocity...
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