BERLIN (dpa-AFX) - The FUCHS Group, which operates globally in the lubricants industry, said that it agreed to acquire Nye Lubricants Inc., a manufacturer of synthetic lubricants.
The companies expect that the transaction will close towards the end of 2019.
Nye employs 180 people and generated $51 million in sales in its fiscal year 2018, throughout North America, Europe and Asia.
Copyright RTT News/dpa-AFX