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Traxit lubricantThe Kluber Lubrication München SE & Co. KG, Munich, Germany takes over Traxit International GmbH, Schwelm, Germany. The purchase contract includes all company shares, including the international companies. With the takeover, the specialist for lubricant and services for the wire industry to form a new Klüber business unit.

Traxit has been supplying the wire drawing industry with a complete range of lubricants for all applications for 139 years. Since its beginnings in 1881, the company, founded in Schwelm, Germany, has developed into one of the largest drawing lubricant manufacturers in the world. The company has production facilities in Germany, China and the USA. The lubricants are sold worldwide in branches, sales partners and representatives in more than 150 countries with 150 employees.

Traxit will continue to be responsible for the operational management of its business. The company's headquarters remain in Schwelm. The strategic management is geared towards long-term growth.

“We have been pursuing an active acquisition strategy for many years to complement our existing business. In this respect, highly developed quality products and services for the production of wire are a very good addition to our existing portfolio, ”says Claus Langgartner, CEO and CEO of Klüber Lubrication.


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