July 2002

Petronord Acquires Stake in Arnsberg-based Kaiser Söhne Through Lipps Mineralöle in Hagen

Founded in 1899 and based in Arnsberg, Kaiser Söhne GmbH looks back on more than a century of oil trading. At the time of the takeover, Kaiser Söhne has been owned by ESSO Rhein-Ruhr for several years. Together with Karl-Josef Brachthäuser in Finnentrop – another ExxonMobil strategic distribution partner – Lipps Mineralöle acquires the company. Kaiser Söhne specializes in the sale of lubricants.

In 2003, Lipps Mineralöle transfers its complete lubricant business to Kaiser Söhne.