FUCHS completes acquisition of Swiss lubricants firm STRUB

FUCHS SE, a global leader in the lubricants industry, has announced the successful acquisition of STRUB & Co. AG, a Swiss family-run business specialising in industrial lubricants and specialty products. The strategic acquisition strengthens FUCHS’ presence in Switzerland and enhances its global market reach.

Founded in 1921 and headquartered in Reiden, Switzerland, STRUB & Co. AG has built a reputation for quality and innovation in tribology, offering more than 1,600 lubricants and technical cleaning agents. The company will continue to operate under the STRUB brand, with Diana and Marcel Strub remaining as part of the management team. On the FUCHS side, Dr. Mario Gehrlein will assume the role of CEO.

With this acquisition, FUCHS gains direct market access in Switzerland and integrates a research and production facility, further bolstering its operational capabilities. In 2023, STRUB generated EUR15 million (USD15.7 million) in sales and employed 40 people. FUCHS, founded in 1931, recorded EUR3.5 billion (USD3.6 billion) in revenue in the same year with 6,200 employees across 55 operating companies globally.

This move reflects FUCHS’ commitment to expanding its footprint and delivering innovative, sustainable lubrication solutions worldwide.