FUCHS strengthens presence in Central and Eastern Europe with acquisition of lubricants business from LUBASYST, Romania
DGAP-News: FUCHS PETROLUB SE / Key word(s): Acquisition FUCHS strengthens presence in Central and Eastern Europe with acquisition of lubricants business from LUBASYST, Romania The FUCHS Group, which operates globally in the lubricants industry, will purchase the lubricants business of LUBASYST in Romania as of December 1, 2017, and will integrate it in the new subsidiary FUCHS Romania. As a longstanding trading partner of FUCHS, LUBASYST generated sales revenues of around EUR 4 million in 2016. The acquisition includes the customer base and the workforce in particular. LUBASYST's business will supplement FUCHS' existing business in Romania, which will now be combined in the recently established FUCHS subsidiary in Romania. The following information is available online: Important note 30.11.2017 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 |