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FUCHS Acquires Swiss Partner ASEOL SUISSE AG to Expand Market Presence

Key highlights

Acquisition and Merger

The FUCHS Group, a global player in the lubricants industry, has acquired its long-standing Swiss distribution partner, ASEOL SUISSE AG. This acquisition will see ASEOL merged with FUCHS SWISS LUBRICANTS AG in 2025, consolidating FUCHS' operations in Switzerland.

Previous Mergers

Earlier in June 2025, FUCHS SWISS LUBRICANTS AG integrated the activities of the Swiss subsidiary of the LUBCON Group and the lubricant specialist STRUB & Co. AG, both acquired in 2024. This consolidation aims to streamline operations and enhance service delivery across various sectors.

Operational Scope

FUCHS SWISS LUBRICANTS AG, employing around 40 people, serves multiple industries, including metalworking, medical technology, automotive, semiconductor, and pharmaceuticals. The headquarters in Reiden, Lucerne, also function as a development and production site.

Strategic Intent

The acquisition of ASEOL is part of FUCHS' strategy to expand its market presence in Switzerland. The purchase agreement and transfer of ownership were finalized on October 7, 2025, marking a significant step in FUCHS' growth plans.