Over the course of the next years, FUCHS will invest approximately EUR 50 million in the expansion of the Mannheim site
DGAP-News: FUCHS PETROLUB SE / Key word(s): Miscellaneous Over the course of the next years, FUCHS will invest approximately EUR 50 million in the expansion of the Mannheim site
The acquisition of these two properties by FUCHS SCHMIERSTOFFE GMBH, which is based in Mannheim, is part of FUCHS' global investment initiative with the aim of securing sustained growth in the long term. An additional office building and a new logistics center with an automated warehouse for raw materials are planned on the new premises. "It is an important milestone for the future of our important headquarters location in Mannheim," says Stefan Fuchs, Chairman of the Executive Board of FUCHS PETROLUB. "This expansion will provide us with much-needed space for our growth here in Mannheim," adds Stefan Knapp, CEO of FUCHS SCHMIERSTOFFE GMBH. In the next three to four years, FUCHS will invest a total of approximately EUR 50 million in the expansion of the Mannheim site.
13.09.2018 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 |