October 2005

Petronord Achieves Further Growth in Austria with Another Lubricants Business: Lubes Services Austria

In October 2005, ExxonMobil’s strategic decision to sell lubricants in Austria exclusively through regional dealers leads NEWCo and Manfred Mayer MMM Mineralölvertriebsgesellschaft mbH to jointly found a new company, LSA (Lubes Services Austria). From the beginning, LSA is one of ExxonMobil’s strategic sales partners in Austria. From its base in Vienna, the medium-sized oil trading company sells the entire product range of the Mobil and Esso brands based in Vienna, which does business for industrial, trade and commercial sector in large parts of Austria.