on FUCHS SE (isin : DE000A3E5D64)
FUCHS Strengthens Market Position in Switzerland with New Subsidiary
FUCHS Group has announced the consolidation of STRUB and LUBCON under the new subsidiary, FUCHS SWISS LUBRICANTS AG. This move aims to expand its market presence in Switzerland. STRUB and LUBCON, both acquired in 2024, provide FUCHS with direct access to Swiss markets. The headquarters will be in Reiden, serving as both development and production sites.
The establishment of FUCHS SWISS LUBRICANTS allows the company to offer a comprehensive range of products and services from a single source. Switzerland offers promising market segments in industries such as medical technology, semiconductors, pharmaceuticals, and metalworking. FUCHS SWISS LUBRICANTS will employ 40 people as of July 2025, highlighting its commitment to growth in the region.
R. P.
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