This agreement ensures close involvement by both companies in a technology partnership, and both companies intend to set standards with innovative product developments in the area of lubricants for machine tools.
The goal of the technology partnership is 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”, said 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”, said Stefan Fuchs, CEO of Fuchs Petrolub SE.