German motor oil and engine-additive company Liqui Moly has identified Canada as one of its strongest growth markets.
According to the company, sales in Canada grew by 50 cent through 2011.
The year was also good for the company on its home turf. At the end of 2011, Liqui Moly reached an important milestone, becoming the motor oil brand with the strongest sales in Germany. It earned a 29.9 percent aftermarket share in Germany, with sales of €343 million ($450 million).
"We have been pursuing this important goal for decades. This is a sensation for us," said managing shareholder Ernst Prost.