FUCHS SE successfully completes acquisition of Swiss lubricants company STRUB & Co. AG

The FUCHS Group, which operates globally in the lubricants industry, announced today its completion of the takeover of STRUB & Co. AG as part of a strategic acquisition. The family-run company, founded in 1921 and headquartered in Reiden, Switzerland, develops, produces and distributes industrial lubricants and specialty products for the Swiss market in particular, as well as operating internationally.

With the successful acquisition of STRUB, FUCHS is securing direct market access in Switzerland, combining all Swiss business activities and expanding its presence with a research and production plant.

The company will continue to operate under the STRUB brand, and both Diana and Marcel Strub will remain members of the management team. On the FUCHS side, Dr. Mario Gehrlein will assume the position of CEO. For the past two years, Mario Gehrlein has been a member of the management board of E-Lyte Innovations GmbH, in which FUCHS holds a stake.

STRUB & Co. AG employs 40 people and generated sales of approximately EUR 15 million in the financial year 2023.
In the financial year 2023, the FUCHS Group employed 6,200 people and generated sales of EUR 3.5 billion.