FUCHS Successfully Completes Acquisition of LUBCON Group

On April 22, 2024, the FUCHS Group, a global player in the lubricants industry, signed an agreement to acquire the LUBCON Group, a German manufacturer specialized in high-performance lubricants. LUBCON, headquartered in Maintal, Hesse, has a long history of developing, manufacturing, and distributing greases, oils, and pastes used in various sectors, including railway, paper, and pharmaceuticals.

Having received all necessary approvals, the acquisition was finalized today. This strategic move allows FUCHS to leverage LUBCON's expertise and expand its product portfolio, boosting its position in key markets and enabling entry into new ones. The acquisition promises enhanced global competitiveness and future development for FUCHS.

In 2023, LUBCON generated approximately EUR 40 million in sales with 13 operating companies, five production sites, and over 200 employees. The company will continue operations from Maintal, Hesse.