Sweden: Germany-based Fuchs has signed an agreement to buy the lubricants business of Gleitmo Technik in July 2021. It will be integrated into its Fuchs Lubricants Sweden subsidiary. The acquisition includes the company’s customer base, product portfolio, staff and a lease agreement of the Gleitmo office and warehouse in Kungsbacka. The purchase is intended to make strengthen Fuchs Lubricants Sweden business position in Sweden and the Nordic Region.
