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The Independent Automotive Aftermarket Federation

Reinvestment strategy pays off for profitable Exol

Date: Thursday 10 December 2020

An effective reinvestment strategy from lubricants maker Exol Lubricants has seen the company continue to increase turnover and profitability.

With multi-million pound investments made to its Wednesbury production and head office facility, along with major building & production improvements scheduled for its Rotherham based blending plant, the company continues to provide customers with stability and confidence.

In the past five years alone, Exol has reinvested in all areas of its business including the addition of new trucks to its delivery fleet, infrastructure projects at all facilities and, a substantial growth in its small pack production and export sales.

Acting swiftly at the outbreak of the coronavirus pandemic, Exol implemented a number of procedures to safeguard employees and customers and its contactless delivery has been widely praised by customers and industry alike.

Exol sales and marketing director, Steve Dunn said:

“Key to Exol’s growth has been its continued strategy of reinvestment over the years, especially against the backdrop of the coronavirus pandemic and other outside influences such as Brexit.
“Our staff and supply chain has performed admirably this year in the toughest of conditions and through these investments we are primed for further growth going into 2021.”

Exol is the UK’s largest independently owned lubricants company, manufacturing and supplying lubricants to agricultural, marine, automotive and industrial sectors in over 40 countries worldwide.

Exol Lubricants is also committed to supporting a sustainable future and maintains use of the waterways to transport materials.