FUCHS sells equity holding in Switzerland
DGAP-News: FUCHS PETROLUB SE / Key word(s): Disposal/Investment FUCHS sells equity holding in Switzerland The FUCHS Group, which operates globally in the lubricants industry, sold its 50% share in MOTOREX AG Langenthal, founded in 1973, for CHF 17 million to the former local partner, MOTOREX-BUCHER Group AG in Langenthal. Over the past four decades, FUCHS PETROLUB and MOTOREX-BUCHER have grown strongly both nationally and internationally. Both companies are grateful for the former partnership but intend to go separate ways in the future. FUCHS will participate in the Swiss market directly and with trading partners under the FUCHS brand in the future.
Important note 16.08.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
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.com/gruppe |
ISIN: | DE0005790430, DE0005790406 |
WKN: | 579043, 579040 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange |
End of News | DGAP News Service |