FUCHS set to increase presence in Tanzania
The FUCHS Group, which operates globally in the lubricants industry, is strengthening its presence in Tanzania and is establishing a new company. This will ensure direct access for its customers and distributors to the highest quality global standard of lubricants and services.
FUCHS will continue to offer the full range of lubricants and technical expertise for several industries with a focus on the mining, industrial, food and automotive retail industries. So far FUCHS has served the Tanzanian market for over twenty years through a license partner.
Mannheim, February 15, 2019
FUCHS PETROLUB SE
Friesenheimer Str. 17
Tel. +49 621 3802-1104
The FUCHS Group develops, produces and markets high-grade lubricants and related specialties for virtually all industries and areas of application. Formed in Mannheim in 1931, the Group employs more than 5,000 people worldwide at 58 operating companies. FUCHS is the world's largest independent lubricant manufacturer. Its most important markets in terms of sales revenues are Western Europe, Asia and North America.
This press release contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB SE. Even if the management is of the opinion that these assumptions and estimates are accurate, actual future developments and results can differ significantly from these assumptions and estimates due to a variety of factors. These factors can, for example, include changes in the overall economic climate, changes in procurement prices, changes in exchange rates and interest rates, and changes within the lubricants industry. FUCHS PETROLUB SE provides no guarantee that future developments and the results actually achieved in the future will match the assumptions and estimates set out in this press release and assumes no liability for such.
15.02.2019 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