Hamburg | 22.12.2022
JB German Oil has been part of the Petronord Group since 2008 and has so far contributed to the business through its activities as an export partner for automotive lubricants to various countries under its own brand JB Germanoil. In view of the future direction of the company, the shareholders have agreed to sell the JB German Oil business to Mr. Jürgen Baumgarten effective from 1st December 2022. The business will continue as an independent company in Wittenburg under its familiar corporate identity, including all brands and trademarks.
JB German Oil has been specialising in the production and distribution of automotive lubricants for many years now. The portfolio covers a wide range from engine and transmission oils to hydraulic fluids, greases, products for high-specification motorbikes and service products, as well as several products for winter needs. The experienced team services and supplies its national and international customer base from the company’s headquarters in Wittenburg, Germany.
“We would like to thank all employees for their dedication and strong commitment over the past years,” says Lennard Schneider, Managing Director of Petronord GmbH & Co. KG, “and we are confident that JB German Oil, through its expertise and strong capabilities, will continue to successfully compete in the lubricants market”.
Petronord is a subsidiary of Mabanaft GmbH & Co. KG, a leading independent and integrated energy company. Under the Petronord umbrella, retail companies in Germany, Austria and Sweden are active in the heating oil and diesel end-consumer business, lubricants distribution, the operation of service stations for commercial trucking fleets (“pool stations”), and the trading of bitumen, wood pellets, natural gas, and electricity. ► back to the overview
► www.petronord.de
► www.mabanaft.com
► www.jb-germanoil.com
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