Fuchs Petrolub SE announced Monday that it has acquired Deutsche Pentosin-Werke GmbH, a privately owned blender with extensive ties to the auto industry.
Pentosin, which is based in Wedel, Germany, is not a large lubricant company, having achieved sales volumes of 135 million (U.S. $151 million). But it manufactures a relatively wide variety of lubricants used in automobiles – some in small volumes – and claims that at least one Pentosin product is found in most modern vehicles.
With this acquisition, the Fuchs Petrolub Group expands its portfolio in the field of automotive lubricants and can offer its customers all over the world an even more comprehensive range of products from a single source, Fuchs said in a news release.
Pentosin supplies automotive engine oils as well as brake fluids, hydraulic fluid, gear oils and transmission fluid.
Mannheim, Germany-based Fuchs is the worlds largest independent lubricant manufacturer. Last year it completed two acquisitions, picking up Lubritenes operations in South Africa and Australia in May and Batoyle Freedoms lubricant business the following month. Those businesses had combined sales revenue of 30 million.
Pentosin was founded in 1927 as a producer of veterinary and medical supplies. It has 190 employees and factories in Wedel and Dormagen, Germany, as well as a subsidiary in Brazil.