# FUCHS SE signs letter of intent to acquire STRUB & Co. AG

FUCHS SE has signed a letter of intent to acquire Swiss lubricant company STRUB & Co. AG, which employs 40 people and had 2023 revenue of about EUR 15 million, to gain direct market access in Switzerland.

- Type: Acquisition
- Announced: 2024-09-13
- Where: Reiden, Switzerland, Switzerland
- Status: announced
- Products: industrial lubricants, specialty lubricants
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [FUCHS](https://endata.com/companies/9232.md) (acquirer)
- [STRUB & Co. AG](https://endata.com/companies/79802.md) (target)

## Sources

- [onvista.de](https://www.onvista.de/news/2024/09-13-eqs-news-fuchs-se-unterzeichnet-absichtserklaerung-zur-uebernahme-des-schweizer-schmierstoffunternehmens-strub-co-ag-0-37-26310078), 2024-09-13: "Mit der angestrebten Übernahme erlangt FUCHS einen direkten Marktzugang für die Schweiz und strebt an, alle bestehenden Geschäftsaktivitäten in der Schweiz in einer Gesellschaft zu bündeln."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.