Valvoline to Buy Car Brite

Valvoline has agreed to purchase Car Brite, a manufacturer of professional automotive reconditioning products, from E&A Industries.
Terms of the cash deal were not disclosed.
Indianapolis-based Car Brite makes interior and exterior cleaners, paint restorers, paint protectants and final paints and dyes. Car Brite’s products are sold by more than 100 distributors.
Car Brite began in 1947 as a formulator of specialty chemicals for the Indiana automotive market. In 1977 it was bought by a group of investors who took the company’s product line, expanded it and grew sales to national and international distribution, according to a news release. Car Brite’s customers are auto and recreational vehicle dealers, auto auction companies, car washes and detail shops.
Lexington, Ky.-based Valvoline is a division of Ashland Inc. It produces motor oil and other automotive and industrial chemical products. Valvoline also operates the Valvoline Instant Oil Change chain of stores.