10-Jan-2005 - Fuchs Petrolub SE

Fuchs acquires Ovoline lubricants business in the United Kingdom

Fuchs Petrolub acquired the 'Ovoline' lubricants business of Brett Oils Ltd's through its UK subsidiary Fuchs Lubricants (UK) PLC in Stoke-on-Trent. Brett Oils is a family business established in 1877 with its headquarters in Gateshead in the North East of England. Brett Oils' lubricants business generated sales of around EUR 13 million in the 2003/2004 financial year. The acquisition includes the company's customers, its know-how, trademark rights and net current assets. Existing Brett Oils' production sites do not form part of the acquisition. A manufacturing agreement with Brett Oils post completion will ensure the smooth transition to Fuchs UK's own production at the Stoke-on-Trent location.

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  • Fuchs Lubricantes
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