Jump to content

FUCHS PETROLUB SE: FUCHS strengthens presence in South America with the acquisition of the lubricants business from Comercial Pacific Ltda., Chile

FUCHS PETROLUB SE: FUCHS strengthens presence in South America with the acquisition of the lubricants business from Comercial Pacific Ltda., Chile

DGAP-News: FUCHS PETROLUB SE / Key word(s): Acquisition

04.07.2018 / 11:21
The issuer is solely responsible for the content of this announcement.


FUCHS strengthens presence in South America with the acquisition of the lubricants business from Comercial Pacific Ltda., Chile

The FUCHS Group, which operates globally in the lubricants industry, acquires the lubricants business of Comercial Pacific Ltda. in Chile in July 2018, and integrates it into a newly founded company. The acquisition focuses in particular on the customer base and workforce. The FUCHS Group will hold 65% of the shares in the company and Comercial Pacific Ltda. the remaining 35%.

Comercial Pacific Ltda. has established itself as a long-standing FUCHS distributor in Chile in the mining, food, paper and cellulose industries. The company employs 13 people in sales and application engineering.

Mannheim, July 4, 2018

FUCHS PETROLUB SE
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Tel. +49 621 3802-1104
tina.vogel@fuchs-oil.de

www.fuchs.com/group

The following information is available online:
Image and video material: www.fuchs.com/group/mediagallery

About FUCHS
The FUCHS Group develops, produces and markets high-grade lubricants and related specialties for virtually all industries and areas of application. Formed in Mannheim in 1931, the Group employs more than 5,000 people worldwide at 58 operating companies. FUCHS is the world's largest independent lubricant manufacturer. Its most important markets in terms of sales revenues are Western Europe, Asia and North America.

Important note
This press release contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB SE. Even if the management is of the opinion that these assumptions and estimates are accurate, actual future developments and results can differ significantly from these assumptions and estimates due to a variety of factors. These factors can, for example, include changes in the overall economic climate, changes in procurement prices, changes in exchange rates and interest rates, and changes within the lubricants industry. FUCHS PETROLUB SE provides no guarantee that future developments and the results actually achieved in the future will match the assumptions and estimates set out in this press release and assumes no liability for such.



04.07.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

Contact

+49 (0) 621-3802-0