By combining Traxit's long-standing expertise in dry lubricants, wet drawing lubricants and carrier coatings with Surtec's global application know-how in metal pre-treatment and industrial parts cleaning, Surtec's position in the metal forming market will be further sharpened and significantly strengthened.

Customers will benefit from an integrated product portfolio and comprehensive know-how for applications across the entire field of cold forming, extending beyond Traxit's core business in wire drawing. The basis of the new Field of Application remains Traxit's existing customer base, product portfolio and high-quality technical service. This will be complemented by Surtec's global network and market expertise in the cold forming industry.

“The establishment of Cold Forming as a new Field of Application marks an important step in the further development of our portfolio,” said Dr. Karsten Grünke, CEO Surtec. “Traxit and SurTec combine their complementary strengths to create one of the industry's most comprehensive offerings for cold forming applications.”

“Since 1881, Traxit has stood for technical expertise and close customer relationships,” said Hartmut Schröder, CEO Traxit. “The integration into Surtec's structure creates a strong foundation for the positive development of the business. Customers benefit from an expanded range of solutions, combined expertise and strong global service capabilities.”

The new Cold Forming Field of Application provides a solid framework for the further development of the Traxit business and supports Surtec's long-term strategy of further expanding its expertise across adjacent industrial manufacturing processes.

www.surrec.com | www.traxit.com | www.fcs-muenchen.de

About Surtec

Surface technology company Surtec develops, manufactures, and distributes chemical specialties for surface treatment worldwide. Surtec covers the full portfolio in this area with its six fields of application: industrial parts cleaning, cold forming, metal pre-treatment, functional and decorative electroplating, and functional coatings. With modern and sustainable developments and global technical centres, Surtec is pioneering. Decades of experience are used to develop environmentally responsible and high-performance finishing processes. Surtec is certified to the international standard ISO 9001 (Quality Management). The additional certifications according to OHSAS 18001 or ISO 45001 and ISO 14001 underscore the important business objectives of occupational health and safety as well as environmental sustainability and resource conservation.

The Surtec Group, headquartered in Bensheim, Germany, belongs to Freudenberg Chemical Specialities GmbH and collaborates with partners in more than 40 countries worldwide. Surtec employs its own staff in 22 countries.

About Traxit Wire Lubrication

Traxit Wire Lubrication has been developing and supplying lubricant solutions for the wire drawing industry since 1881. The portfolio includes dry drawing lubricants, wet drawing lubricants and carrier coatings for a broad range of iron and steel wire applications. Founded in Schwelm, Germany, the company is today one of the world's largest manufacturers of wire drawing lubricants. Traxit Wire Lubrication operates production sites in Germany and China and has its own subsidiary in the United States. Global sales are handled through its own companies and an international network of distribution partners. The company serves customers in more than 150 countries and employs around 140 people.

About Freudenberg Chemical Specialities

Freudenberg Chemical Specialities develops, manufactures and markets chemical specialties. To stay close to its customers, its four brands Klüber Lubrication, Chem-Trend, SurTec and Capol have a global market presence. Freudenberg Chemical Specialities is one of the leading suppliers of specialty lubricants, release agents, products for chemical surface treatment, chemotechnical products for maintenance and servicing, and solutions for the processing and finishing of confectionery and other food products. Headquartered in Munich, Germany, the group has its own companies in more than 40 countries, employs around 4,000 people and generates annual sales of approximately 1.5 billion Euro.