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    FPE3   DE0005790430

FUCHS PETROLUB SE

(FPE3)
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PRESS RELEASE: FUCHS strengthens specialty business by acquiring the lubricants business of Gleitmo Technik AB, Sweden

06/10/2021 | 06:52am EDT
DGAP-News: FUCHS PETROLUB SE / Key word(s): Acquisition 
FUCHS strengthens specialty business by acquiring the lubricants business of Gleitmo Technik AB, Sweden 
2021-06-10 / 12:50 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
FUCHS strengthens specialty business by acquiring the lubricants business of Gleitmo Technik AB, Sweden 
The FUCHS Group, which operates globally in the lubricants industry, has today signed an agreement to acquire the 
lubricants business of Gleitmo Technik AB in Kungsbacka, Sweden, as of July 1, 2021, and will integrate it into its 
subsidiary FUCHS LUBRICANTS SWEDEN AB. 
FUCHS acquires 100% of the shares in Gleitmo Technik AB through a Share Purchase Agreement which includes the customer 
base, the product portfolio, the workforce and a lease agreement of the Gleitmo office and warehouse in Kungsbacka in 
particular. 
The bundling of sales channels makes FUCHS LUBRICANTS SWEDEN AB a central and authoritative partner for all lubricants 
and related specialties in Sweden and the Nordic Region. 
As a longstanding trading partner of FUCHS, Gleitmo Technik AB generated sales revenues of around EUR 6 million in the 
financial year 2020. The company currently employs ten people. 
Mannheim, June 10, 2021 
FUCHS PETROLUB SE 
Public Relations 
Friesenheimer Str. 17 
68169 Mannheim 
Tel. +49 621 3802-1104 
tina.vogel@fuchs.com 
www.fuchs.com/group 
The following information is available online: 
Image and video material: https://www.fuchs.com/gb-en/photo-gallery/ 
About FUCHS 
FUCHS develops, produces and markets high-grade lubricants and related specialties for virtually all industries and 
areas of application. The company, which was founded in Mannheim in 1931, employs around 6,000 people worldwide at 58 
operating companies. FUCHS is the world's largest independent lubricant manufacturer. The most important markets in 
terms of sales revenue are Western Europe, Asia and North America. 
Important note 
This press release contains future-oriented statements, which are based on assumptions and estimates by the corporate 
management of FUCHS PETROLUB SE. Even if the corporate management is of the opinion that these assumptions and 
estimates are true, the future actual development and future actual results may differ significantly from these 
assumptions and estimates due to a variety of factors. These factors can include, for example, a change in the 
macroeconomic situation, the procurement prices, the exchange rates and interest rates as well as changes within the 
lubricant industry. FUCHS PETROLUB SE accepts no guarantee or liability for the future development and the actual 
results achieved in future matching the assumptions and estimates expressed in this press release. 
=---------------------------------------------------------------------------------------------------------------------- 
2021-06-10 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 
=---------------------------------------------------------------------------------------------------------------------- 
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:       ir@fuchs.com 
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:  1206649 
 
End of News   DGAP News Service 
=------------ 

1206649 2021-06-10

 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1206649&application_name=news 
 

(END) Dow Jones Newswires

June 10, 2021 06:51 ET (10:51 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -1.58% 33290.08 Delayed Quote.10.51%
FUCHS PETROLUB SE -1.23% 41.68 Delayed Quote.-10.25%
MDAX -0.58% 34022.52 Delayed Quote.10.48%
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Financials
Sales 2021 2 690 M 3 191 M 3 191 M
Net income 2021 238 M 282 M 282 M
Net cash 2021 153 M 181 M 181 M
P/E ratio 2021 24,4x
Yield 2021 2,43%
Capitalization 5 232 M 6 203 M 6 207 M
EV / Sales 2021 1,89x
EV / Sales 2022 1,76x
Nbr of Employees 5 742
Free-Float 72,5%
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Mean consensus HOLD
Number of Analysts 12
Average target price 44,90 €
Last Close Price 41,68 €
Spread / Highest target 39,2%
Spread / Average Target 7,73%
Spread / Lowest Target -28,0%
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Managers and Directors
NameTitle
Stefan Rudolf Fuchs Chairman-Executive Board
Dagmar Steinert Chief Financial Officer & Member-Executive Board
Kurt Wilhelm Bock Chairman-Supervisory Board
Lutz Lindemann Chief Technology Officer
Ingeborg Neumann Member-Supervisory Board
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