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. 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.