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FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard
899 
0 KommentareFUCHS PETROLUB SE / Key word(s): Acquisition
01.08.2015 11:21
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard
FUCHS PETROLUB SE, which operates globally in the lubricants sector, is
acquiring Sweden-based company Statoil Fuel & Retail Lubricants AB (SFR
Lubricants), Stockholm, from Couche-Tard Luxembourg S.A.R.L., a wholly
owned indirect subsidiary of Alimentation Couche-Tard Inc. (TSX: ATD.A
ATD.B). SFR Lubricants is one of the leading lubricant providers in
Scandinavia and also operates in Poland, Russia and the Baltic States. As a
manufacturer of automotive and industrial lubricants and specialties, SFR
Lubricants is a well-known provider to many industries.
With this acquisition, the FUCHS PETROLUB Group is strengthening its
presence in Scandinavia and establishing itself as one of the leading
lubricant companies in this region. At the same time, FUCHS is expanding
its market position in Poland and Russia and will now be present in the
Baltic States. The products from SFR Lubricants complement the portfolio of
the FUCHS PETROLUB Group.
The transaction signed today is pending approval by antitrust authorities.
About SFR Lubricants
The lubricants business of Statoil Fuel & Retail was spun off from its
downstream business last year and transitioned into independent companies.
In the financial year 2014/2015, SFR Lubricants generated sales revenues of
approximately EUR 140 million, around two thirds of which can be attributed
to Scandinavia and one third to Eastern Europe. The company employs 470
people and maintains a production site in Nynäshamn near Stockholm.
About FUCHS
FUCHS PETROLUB is a global Group based in Germany, which develops, produces
and distributes around 10,000 lubricants and related specialties across the
world. The Group, which was founded in 1931, with its headquarters in
Mannheim, ranks number one among the world's independent lubricant
providers. The Group has a workforce of more than 4,000 employees in a
total of 52 operating companies worldwide. The most important markets for
FUCHS in terms of sales revenues are Western Europe, Asia and North
America.
Mannheim, August 1, 2015
FUCHS PETROLUB SE
Public Relations
Friesenheimer Str. 17
68169 Mannheim Germany
Tel: +49 621 3802-1104
E-mail: tina.vogel@fuchs-oil.de
This ad hoc announcement is also available on the internet at
www.fuchs-oil.com.
Important note
This ad hoc announcement contains statements about future developments that
are based on assumptions and estimates by the management of FUCHS PETROLUB
SE. Even if the management is of the opinion that these assumptions and
estimates are accurate, future actual developments and future actual
results may differ significantly from these assumptions and estimates due
to a variety of factors. These factors can, for example, include changes in
the overall economic climate, changes in procurement prices, changes to
exchange rates and interest rates, and changes within the lubricants
industry. FUCHS PETROLUB SE provides no guarantee that future developments
and the results actually achieved in the future will match the assumptions
and estimates set out in this ad hoc announcement and assumes no liability
for such.
01.08.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: FUCHS PETROLUB SE
Friesenheimer Str. 17
68169 Mannheim
Germany
Phone: +49 (0)621 / 3802-0
Fax: +49 (0)621 / 3802-7190
E-mail: ir@fuchs-oil.de
Internet: www.fuchs-oil.de
ISIN: DE0005790430, DE0005790406
WKN: 579043, 579040
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart;
Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
Munich
End of Announcement DGAP News-Service
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FUCHS PETROLUB SE, which operates globally in the lubricants sector, is
acquiring Sweden-based company Statoil Fuel & Retail Lubricants AB (SFR
Lubricants), Stockholm, from Couche-Tard Luxembourg S.A.R.L., a wholly
owned indirect subsidiary of Alimentation Couche-Tard Inc. (TSX: ATD.A
ATD.B). SFR Lubricants is one of the leading lubricant providers in
Scandinavia and also operates in Poland, Russia and the Baltic States. As a
manufacturer of automotive and industrial lubricants and specialties, SFR
Lubricants is a well-known provider to many industries.
With this acquisition, the FUCHS PETROLUB Group is strengthening its
presence in Scandinavia and establishing itself as one of the leading
lubricant companies in this region. At the same time, FUCHS is expanding
its market position in Poland and Russia and will now be present in the
Baltic States. The products from SFR Lubricants complement the portfolio of
the FUCHS PETROLUB Group.
The transaction signed today is pending approval by antitrust authorities.
About SFR Lubricants
The lubricants business of Statoil Fuel & Retail was spun off from its
downstream business last year and transitioned into independent companies.
In the financial year 2014/2015, SFR Lubricants generated sales revenues of
approximately EUR 140 million, around two thirds of which can be attributed
to Scandinavia and one third to Eastern Europe. The company employs 470
people and maintains a production site in Nynäshamn near Stockholm.
About FUCHS
FUCHS PETROLUB is a global Group based in Germany, which develops, produces
and distributes around 10,000 lubricants and related specialties across the
world. The Group, which was founded in 1931, with its headquarters in
Mannheim, ranks number one among the world's independent lubricant
providers. The Group has a workforce of more than 4,000 employees in a
total of 52 operating companies worldwide. The most important markets for
FUCHS in terms of sales revenues are Western Europe, Asia and North
America.
Mannheim, August 1, 2015
FUCHS PETROLUB SE
Public Relations
Friesenheimer Str. 17
68169 Mannheim Germany
Tel: +49 621 3802-1104
E-mail: tina.vogel@fuchs-oil.de
This ad hoc announcement is also available on the internet at
www.fuchs-oil.com.
Important note
This ad hoc announcement contains statements about future developments that
are based on assumptions and estimates by the management of FUCHS PETROLUB
SE. Even if the management is of the opinion that these assumptions and
estimates are accurate, future actual developments and future actual
results may differ significantly from these assumptions and estimates due
to a variety of factors. These factors can, for example, include changes in
the overall economic climate, changes in procurement prices, changes to
exchange rates and interest rates, and changes within the lubricants
industry. FUCHS PETROLUB SE provides no guarantee that future developments
and the results actually achieved in the future will match the assumptions
and estimates set out in this ad hoc announcement and assumes no liability
for such.
01.08.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: FUCHS PETROLUB SE
Friesenheimer Str. 17
68169 Mannheim
Germany
Phone: +49 (0)621 / 3802-0
Fax: +49 (0)621 / 3802-7190
E-mail: ir@fuchs-oil.de
Internet: www.fuchs-oil.de
ISIN: DE0005790430, DE0005790406
WKN: 579043, 579040
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart;
Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
Munich
End of Announcement DGAP News-Service
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