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Costa Oils Inc has an agreement in principle to acquire the IP of Getty Oil in a deal estimated to be worth 10.4 million dollars

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Costa Oils Inc has an agreement in principle to acquire the IP of Getty Oil in a deal estimated to be worth 10.4 million dollars

November 18
07:12 2020
Specializing in providing oil changes in under 10 minutes, Costa Oils Inc operates at several locations including many different states. The speedy oil changes don’t compromise the quality of service provided. Costa Oils Inc is soon to acquire the business and the IP of Getty Oil. The deal is estimated to be worth around $10.4 Million and will position Costa Oils Inc to manufacture Getty oil filters and will reserve all rights for further use of Getty Oil branding.

York, PA, USA – With expertise in providing oil change under 10 minutes, Costa Oils Inc is the name of trust and quality. By providing the customers with a quick and speedy oil change that doesn’t affect the quality of service, Costa Oils Inc has built up the reputation of being one of the most trustworthy oil change services. Now with the agreement in principal of buying the intellectual property and brand of Getty Oil, Costa Oils Inc is going to expand the business model and will also include oil filters, lubricants and other products and services that were previously produced under the Getty Oil branding.  

The deal is going to be one of the most ambitious projects of Costa Oil, as this deal will pave broader ways for Costa Oils Inc to manufacture even a diverse array of products, then sell these products and services. Many new products and services are expected to come out of this deal within the automotive industry. When asked about the projects CEO Costa Kapothanasis had this to say. “I’m very excited for the potential that comes with having the rights to the Getty Oil brand. As one of Americas iconic brands in the petroleum industry, it will bring a instant notion of credibility to the table that will open doors for Costa Oil in the future.”

Costa Oils Inc will soon be able to manufacture the oil filters by Getty Oil, but that will now become part of Costa Oils Inc production. Similarly, any other services by Getty Oil are going to be sold under the name of Costa Oils Inc, and all the prospects are now going to be held by Costa Oils Inc.

Costa Oils Inc is a family-owned business and takes pride in the speedy services of the oil change. The expert crew is professionally trained with years of experience at hand. That means, the professional workers can take care of any car, any model and make. No need to make an appointment, just show up at any service station of Costa Oil and get the oil change in ten minutes.

Users can also get a free quote at the website of Costa Oils Inc, just fill out the form by entering the required fields like car model, car year, oil type including conventional oil, synthetic oil or full synthetic oil, engine size and other related factors, and the users can get the free estimate of what the cost of oil would be. No need to wait in line for an oil change, just arrive at the station with the car, and in 10 minutes, the car will be taken care of.

Media Contact
Company Name: Costa Oils Inc
Contact Person: Costa Kapothanasis
Email: Send Email
Phone: 717-745-6617
City: York
State: Pennsylvania
Country: United States
Website: https://costaoils.com/