FUCHS PETROLUB SE and DMG MORI AKTIENGESELLSCHAFT have signed a collaboration agreement to jointly develop new lubricant solutions and services for machine tool applications. The plan also includes further progress in digitization of production processes and condition monitoring of machines and plants.
"Use of the correct lubricant is decisive for optimal productivity when machine tools are used for intensive processing of components. In FUCHS, we are pleased to have acquired a globally-based technology partner, and together we want to continue expanding our technology- and service-excellence", says Christian Thönes, Chairman of the Executive Board of DMG MORI AKTIENGESELLSCHAFT.
"DMG MORI has a high level of technological expertise, great innovative force and global presence. I am certain that customers and users, as well as the two companies, will benefit from this partnership", says Stefan Fuchs, CEO of FUCHS PETROLUB SE.
DMG MORI is a leading producer worldwide of machine tools with sales revenues amounting to more than EUR 3.5 billion. The range of products includes turning and milling machines as well as automation and complete technology solutions. DMG MORI is present with 14 production sites and 157 sales and service locations in 79 countries around the world. In total over 12,000 employees are in direct contact to the customers.
Founded in 1931 as a family business in Mannheim, today there are 57 operating companies with almost 5,000 employees in more than 40 countries under the umbrella of FUCHS PETROLUB SE.