FUCHS SE successfully completes full acquisition of the OPET FUCHS joint venture

Mannheim/Germany, April 30, 2026 – The FUCHS Group, which operates globally in the lubricants industry, today completed the full acquisition of the OPET FUCHS joint venture after receiving all necessary approvals. The transaction is based on the agreement signed in February 2026. FUCHS acquired the 50 percent stake previously held by OPET in the company, headquartered in Istanbul, Turkey, including its production plant in Aliaga (Izmir) and now owns 100 percent of the shares.

FUCHS strengthens its presence in Turkey with this successful acquisition. Given its size, industrial base, and growth opportunities, the Turkish market is of great strategic importance to the company. FUCHS already holds a significant market position, particularly in the industrial, OEM, mining, and automotive aftermarket sectors, and sees further growth potential for the future.

Ahmet Oral will assume the role of Managing Director effective May 1, 2026. He brings around 25 years of experience in the lubricants business and has previously worked for OPET FUCHS.

The company employs around 250 people and expects to generate revenue of approximately EUR 100 million in the current financial year.

FUCHS SE
Public Relations
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E-Mail: tina.vogel@fuchs.com

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Press Release of February 5, 2026: FUCHS strengthens its presence in Türkiye with the complete takeover of the joint venture OPET FUCHS | FUCHS SE

About FUCHS
Founded in 1931 as a family business in Mannheim, FUCHS is now the world's largest independent supplier of innovative lubrication solutions, covering almost every industry and application. Today, the company's almost 7,000 employees in over 50 countries still share the same goal: to keep the world moving both sustainably and efficiently. To live up to this claim, we think in terms of perfection, not merely standards. When developing individual solutions, we enter into an intensive customer dialogue – acting as an experienced consultant, innovative problem solver and reliable team partner.