FUCHS SE Completes Acquisition of STRUB & Co. AG

FUCHS SE, a leading global player in the lubricants industry, has successfully completed its acquisition of Swiss company STRUB & Co. AG. This strategic move enhances FUCHS's market access in Switzerland and strengthens its international presence. Founded in 1921, STRUB operates in Reiden, Switzerland, specializing in industrial lubricants and specialty products, with a global reach.

STRUB will maintain its brand identity while integrating into FUCHS's operations. Diana and Marcel Strub continue on the management team, and Dr. Mario Gehrlein from FUCHS will serve as CEO. STRUB employs 40 people and reported sales of EUR 15 million in 2023. FUCHS, with 6,200 employees, reported sales of EUR 3.5 billion the same year.

The acquisition aligns with FUCHS's strategy to consolidate activities in Switzerland, incorporating research and production facilities in the region.