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FUCHS PETROLUB SE M&A Activity 2008

Oct 1, 2008

170_rns_2008-10-01_c0451095-14cf-4e9f-ab41-01681fab0e36.html

M&A Activity

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News Details

Corporate | 1 October 2008 07:00

FUCHS acquires the industrial lubricants business of MS Fluid Technologies in the USA

Fuchs Petrolub AG / Miscellaneous

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.


FUCHS acquires the industrial lubricants business of MS Fluid Technologies
in the USA

FUCHS PETROLUB AG in Mannheim, a globally operating lubricants supplier,
acquired the industrial lubricants business of MS Fluid Technologies Inc.
in Indianapolis/USA via its United States subsidiary FUCHS LUBRICANTS CO.
effective October 1, 2008.

For over forty years MS Fluid Technologies has been a leading provider of
high tech synthetic lubricants and cleaners to the metal working industry.
This acquisition by FUCHS complements its existing line of forming
lubricants and process cleaners. It strengthens the FUCHS Groups’ position
in metalforming both in the US and international markets.

The industrial lubricants business of MS Fluid Technologies currently
generates annual sales of USD 11 million.

In 2007 FUCHS LUBRICANTS CO. generated sales of USD 204 million. The FUCHS
PETROLUB Group generated sales of EUR 1.4 billion and a profit after tax of
EUR 120 million in 2007. This was the sixth successive year of record
profits. FUCHS currently employs almost 3,900 people worldwide.

Mannheim, October 1, 2008

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Phone: ++49 (0) 621 3802 – 105

The press release can also be found on the Internet at
http://www.fuchs-oil.com

Important note

This press release contains statements about future development that are
based on assumptions and estimates by the management of FUCHS PETROLUB AG.
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 include changes to the overall
economic climate, changes to exchange rates and interest rates and changes
in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that
future developments and the results actually achieved in the future will
agree with the assumptions and estimates set out in this press release and
assumes no liability for such.
01.10.2008 Financial News transmitted by DGAP


Language: English
Issuer: Fuchs Petrolub AG
Friesenheimer Str. 17
68169 Mannheim
Deutschland
Phone: +49 (0)621 / 3802-0
Fax: +49 (0)621 / 3802-190
E-mail: [email protected]
Internet: www.fuchs-oil.de
ISIN: DE0005790406, DE0005790430
WKN: 579040, 579043
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München

End of News DGAP News-Service