Total Lubrifiants and NEXUS Automotive announce global partnership agreement
Total Lubrifiants, which is part of the French energy major Total SA, and NEXUS Automotive International (N!), an international group of automotive and heavy-duty parts distributors, have announced a three-year strategic global partnership.
Total Lubrifiants will join N! to strengthen its portfolio with high-quality premium oils, while Total lubricant products will receive more exposure through N! distributors.
Gael Escribe, CEO of Nexus Automotive International, and Thierry Gourault, vice president, Automotive-Global Businesses, at Total Lubrifiants, said, “This is an exciting collaboration as both Total and N! share the same philosophy of bringing innovation and value to customers around the world.”
Launched in February 2014 with an EU footprint and headquarters in Geneva, Switzerland, N!’s founding partners consist of 25 shareholders that are leading independent car parts distributors in multiple markets.
N! is represented in 107 countries and has attained by July 2016 a total consolidated turnover of EUR10.5 billion (USD11.5 billion), achieved through its 81-member organisations.
N!’s objective is to achieve aggressive growth around the world, with no specific restrictions of channels and territories and with strong overall presence in fast-growing markets in Africa, the Middle East, the U.S.A., Latin America and Asia-Pacific.
The Total lubricant product range matches, and surpasses, the needs of N! and its customers and will be its first choice for high-quality premium oils, the company said.