FUCHS acquires high-performance specialty synthetic lubricant manufacturer in the US

The FUCHS Group, which operates globally in the lubricants industry, has signed an agreement to acquire Nye Lubricants Inc. The Fairhaven, Massachusetts, manufacturer is a leader in the innovation, formulation and manufacturing of synthetic lubricants. Pending final closing of this acquisition, the FUCHS Group further expands its specialty lubricants product portfolio, offering engineered solutions across multiple markets while creating opportunities to serve new high-end and critical applications focusing on the automotive, medical, aerospace and in vacuum industries. The business will continue to be operated out of its Fairhaven, Massachusetts, location.