Fuchs SE (XTRA:FPE3) has signed an agreement to acquire remaining 50% stake in Opet Fuchs Madeni Yag San. ve Tic. A.S. from Opet Petrolcülük A.S. on February 5, 2026. Thus, FUCHS will hold 100% of the company?s shares in future, and it will operate under the name FUCHS LUBRICANTS TÜRKIYE.
Opet Fuchs Madeni Yag San. ve Tic. A.S. employs around 250 people. The transaction is expected to be completed by the end of April 2026.
Fuchs SE (XTRA:FPE3) completed the acquisition of remaining 50% stake in Opet Fuchs Madeni Yag San. ve Tic. A.S. from Opet Petrolcülük A.S. on April 30, 2026.
FUCHS SE, formerly Fuchs Petrolub SE, is a Germany-based company which is engaged in the development, production and supply of lubricants and related products for industry. Its portfolio of products includes lubricants for a range of applications, including engine and gear oils for vehicles and motorcycles; mould release agents for concrete and cement casting; metalworking fluids, which are used for cooling, lubricating and flushing in machine operations; metal forming lubricants, including prelube oils and process-compatible deep drawing oils, which are tailor-made for a range of metal forming processes; corrosion preventives, designed to protect bare metal surfaces of machinery and components; quenching oils, used in the heat treatment of metal; diverse greases for automobiles and heavy industry; industrial lubricants, and rapidly biodegradable lubricants. The Company operates within three geographic segments: Europe; Asia-Pacific, Africa, and North and South America.
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