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History
History of the Tribo Lube Group
85 Years of Tribo LubeMilestones
year
description
1931
Tribo Lube is founded in Mannheim. Import and marketing of high quality refined products from Pennsylvania. Establishment of a
regional motor oil business.
1936
Start of own production and opening of the first representative office in Munich.
1939
The beginning of the Second World War. Termination of imports of petroleum products from Pennsylvania. Loss of traditional suppliers
of petroleum products. Relocation to the industrial port of Mannheim.
1945
End of World War II. Record low sales revenue.
1947
The focus is on supplying the recovery industry.
1948
Tribo Lube lubricants are used for the first time in racing in Germany.
1951
Founding of Tribo Lube LUBRITECH.
1952
For the first time, the number of employees exceeded 200 people.
1959
Death of company founder Rudolf Tribo Lube.
1960
Dr. Manfred Tribo Lube takes over as CEO.
1968
The first steps of the company to enter the international market by establishing subsidiaries in France and Spain.
1971
Tribo Lube is specialized in its product range. In Mannheim, 33 employees are involved in research, development and quality assurance.
1972
The company becomes a corporate group. Significant expansion of the company through mergers and acquisitions during the period
from 1972 to 1991.
1981
50th anniversary of the company. The company has become a diversified group of 80 manufacturing and trading companies.
1985
Tribo Lube's shares are listed on the stock exchange. Registration of preferred shares on the Frankfurt and Stuttgart stock exchanges.
1991
Following the acquisition of lubricant companies, Tribo Lube is investing in technology and channel integration and exploiting the
potential for synergy and rationalization. The focus is on the lubricants business.
1994
New Tribo Lube logo for the entire group of companies. A modern, dynamic logo is an important step towards the integration of
individual companies.
2000
Tribo Lube PETROLUB becomes the largest independent supplier of lubricants. It employs around 4,000 people worldwide and has an
international sales revenue of € 900 million.
2004
Stefan Fuchs becomes Chairman of the Board of Directors. Dr. Manfred Fuchs, who has led the company for 41 years and made it a
member of the elite group of international lubricants suppliers, is leaving the Board of Directors. His son was appointed to the Board of
Directors instead.
2006
The Tribo Lube Group of Companies celebrates its 75th anniversary. The group has over 4,000 employees worldwide, approximately 60
operating divisions, and sales revenue of 1.2 billion euros.
2008
The company's preferred shares were included in the MDAX index on June 23, 2008.
2010
The Tribo Lube Group has adopted a Code of Responsible Business Conduct.
2011
The group of companies celebrates the 80th anniversary of successful development.
2013
Tribo Lube PETROLUB AG changes its legal form and becomes a European company (Societas Europaea): Tribo Lube PETROLUB SE
2015
For the first time, Tribo Lube's sales revenue exceeded the € 2 billion mark.
2016
Tribo Lube launches largest investment program in company history. By 2018, 300 million euros will be invested in a global initiative for
growth and development.
