DGAP-News: FUCHS strengthens specialty business by acquiring the lubricants business of WELPONER SRL, Italy
DGAP-News: FUCHS PETROLUB SE
/ Key word(s): Acquisition
FUCHS strengthens specialty business by acquiring the lubricants business of WELPONER SRL, Italy The FUCHS Group, which operates globally in the lubricants industry, acquired the lubricants business of WELPONER SRL in Bolzano, Italy, as of October 1, 2020, and will integrate it into its subsidiary FUCHS LUBRIFICANTI S.P.A. As a longstanding trading partner of FUCHS, WELPONER generated sales revenues of around EUR 4 million in the financial year 2019. The acquisition includes the customer base and the workforce in particular. WELPONER's business complements FUCHS' existing business in Italy. This bundling of sales channels makes FUCHS LUBRIFICANTI S.P.A. a central and authoritative partner for all lubricants and related specialties in Italy. Mannheim, October 1, 2020 FUCHS PETROLUB SE The following information is available online: Important note
01.10.2020 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: | [email protected] |
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 |
EQS News ID: | 1137963 |
End of News | DGAP News Service |
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1137963 01.10.2020
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