PRESS RELEASE : FUCHS strengthens presence in Vietnam through joint venture

DGAP-News: FUCHS PETROLUB SE / Key word(s): Acquisition 
FUCHS strengthens presence in Vietnam through joint venture 
2021-02-09 / 14:00 
The issuer is solely responsible for the content of this announcement. 
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FUCHS strengthens presence in Vietnam through joint venture 
The FUCHS Group, which operates globally in the lubricants industry, has acquired 70% of the lubricant business of the 
specialty distributor STD & S Co., Ltd. based in Vietnam. The business will be integrated into the subsidiary FUCHS 
LUBRICANTS VIETNAM COMPANY LTD. in which the owner of STD & S Co., Ltd. will hold a 30% share. 
The new joint venture enables FUCHS to offer its customers automotive, industrial, mining and specialty lubricants from 
a single source. In addition, FUCHS strengthens its presence in the Cambodian market, which is currently served by STD 
& S Co., Ltd. 
"Vietnam is an emerging market with great growth potential. This joint venture emphasizes our ambition to establish 
ourselves in Vietnam in the long term and to expand our business there," explains Dr. Timo Reister, Member of the 
Executive Board at FUCHS and responsible for the Asia-Pacific region. 
FUCHS has been successfully working with STD & S Co., Ltd. for more than a decade. The new joint venture employs 13 
people and generated sales of around EUR 4.5 million in the 2020 financial year. 
Mannheim, February 9, 2021 
FUCHS PETROLUB SE 
Public Relations 
Friesenheimer Str. 17 
68169 Mannheim 
Tel. [phone] 
[e-mail] 
www.fuchs.com/group 
The following information is available online: 
Image and video material: https://www.fuchs.com/gb-en/photo-gallery/ 
About FUCHS 
The FUCHS Group develops, produces and markets high-grade lubricants and related specialties for virtually all 
industries and areas of application. Formed in Mannheim in 1931, the Group employs almost 6,000 people worldwide at 62 
operating companies. FUCHS is the world's largest independent lubricant manufacturer. Its most important markets in 
terms of sales revenues are Western Europe, Asia and North America. 
Important note 
This press release 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, actual future developments and results can 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 in 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 press release and assumes no liability for such. 
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2021-02-09 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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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:       [e-mail] 
Internet:     www.fuchs.com/gruppe 
ISIN:         DE0005790430, DE0005790406 
WKN:          579043, 579040 
Indices:      MDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, 
              Dusseldorf, Hamburg, Munich, Tradegate Exchange 
EQS News ID:  1167058 
 
End of News   DGAP News Service 
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1167058 2021-02-09

(END) Dow Jones Newswires

February 09, 2021 08:01 ET (13:01 GMT)