Brief: Fuchs Petrolub Buys Lubricants Business Of Gleitmo Technik AB, Sweden

Fuchs Se

10/06/2021 11:51

June 10 (Reuters) - FUCHS PETROLUB SE  FPEG_p.DE :
    * STRENGTHENS SPECIALTY BUSINESS BY ACQUIRING THE LUBRICANTS
BUSINESS OF GLEITMO TECHNIK AB, SWEDEN
    * FUCHS ACQUIRES 100% OF SHARES IN GLEITMO TECHNIK AB
THROUGH A
SHARE PURCHASE AGREEMENT
    * SHARE PURCHASE AGREEMENT WHICH INCLUDES CUSTOMER BASE,
PRODUCT
PORTFOLIO, WORKFORCE AND A LEASE AGREEMENT OF GLEITMO OFFICE AND
WAREHOUSE IN KUNGSBACKA IN PARTICULAR
    * TO ACQUIRE LUBRICANTS BUSINESS OF GLEITMO TECHNIK AB IN
KUNGSBACKA, SWEDEN, AS OF JULY 1, 2021, AND WILL INTEGRATE IT
INTO ITS SUBSIDIARY FUCHS LUBRICANTS SWEDEN AB

Source text for Eikon:  ID:nEQ6K6JNa 
Further company coverage:  FPEG_p.DE 

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