FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard
FUCHS PETROLUB SE / Key word(s): Acquisition
04.08.2015 19:43
Dissemination of an Ad-hoc-update according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Ad hoc update according to § 15 WpHG
FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard
FUCHS PETROLUB SE, which operates globally in the lubricants sector, is acquiring Sweden-based company Statoil Fuel & Retail Lubricants AB (SFR Lubricants), Stockholm, from Couche-Tard Luxembourg S.A.R.L., a wholly owned indirect subsidiary of Alimentation Couche-Tard Inc. (TSX: ATD.A ATD.B).
In addition to this ad hoc announcement published on August 1, 2015, FUCHS PETROLUB SE announces that the agreed purchase price for the shares is SEK 690 million (approx. EUR 73 million). Assumed net debt is expected to be around SEK 220 million (approx. EUR 23 million).
The purchase price is subject to possible amendments, which are expected to be in the single-digit percentage range at most.
Mannheim, August 4, 2015
FUCHS PETROLUB SE
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Telefon +49 621 3802-1104
E-Mail: tina.vogel@fuchs-oil.de
This ad hoc update is also available on the internet at www.fuchs-oil.com.
Important note
This ad hoc announcement 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, future actual developments and future actual results may 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 to 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 ad hoc announcement and assumes no liability for such.
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Language: English
Company: FUCHS PETROLUB SE
Friesenheimer Str. 17
68169 Mannheim
Germany
Phone: +49 (0)621 / 3802-0
Fax: +49 (0)621 / 3802-7190
E-mail: ir@fuchs-oil.de
Internet: www.fuchs-oil.de
ISIN: DE0005790430, DE0005790406
WKN: 579043, 579040
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich
End of Announcement DGAP News-Service