EQS-News

FUCHS acquires manufacturer for high-performance specialty lubricants - Seite 2

The transaction is still pending approval from the cartel authorities. However, the parties anticipate closing the deal in the third quarter of 2024.

The LUBCON Group employs 211 staff members, with 180 in EMEA, 20 in Asia-Pacific, and 11 in the Americas. The company recorded sales revenue of around EUR 40 million in the financial year 2023.

The FUCHS Group has a workforce of 6,200 employees and generated sales revenue of EUR 3.5 billion in the financial year 2023.

Mannheim, April 22, 2024

FUCHS SE
Public Relations
Einsteinstraße 11
68169 Mannheim
Telefon [phone]
E-Mail: [e-mail]

The following information can be accessed via the Internet:
Image and video material: https://www.fuchs.com/gb-en/photo-gallery/

About FUCHS
Founded in 1931 as a family business in Mannheim, FUCHS is now the world's largest independent supplier of innovative lubrication solutions, covering almost every industry and application. Today, the company's 6,200 employees in over 50 countries still share the same goal: to keep the world moving both sustainably and efficiently. To live up to this claim, we think in terms of perfection, not merely standards. When developing individual solutions, we enter into an intensive customer dialogue – acting as an experienced consultant, innovative problem solver and reliable team partner. In 2023, the high-tech company generated revenue of EUR 3.5 billion with 33 production sites and 55 operating companies.

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Additional features:

File: (from left) Stefan Fuchs, Heiko Engelke (LUBCON), Hedy Engelke (LUBCON), Dr. Ralph Rheinboldt

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22.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	FUCHS SE
	Einsteinstraße 11
	68169 Mannheim
	Germany
Phone:	+49 (0)621 / 3802-0
Fax:	+49 (0)621 / 3802-7190
E-mail:	[e-mail]
Internet:	www.fuchs.com/gruppe
ISIN:	DE000A3E5D64, DE000A3E5D56
WKN:	A3E5D6, A3E5D5
Indices:	MDAX
Listed:	Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange
EQS News ID:	1885273