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Announced

Completed

Rubix completed the acquisition of Deritend.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

industrial engineering

Friendly

United Kingdom

Diversified Industrials

Domestic

Acquisition

Single Bidder

Private

Majority

Synopsis

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Rubix, a supplier of industrial industrial maintenance, repair and overhaul products and services, completed the acquisition of Deritend, a maintenance services organisation. Financial terms were not disclosed. “We are really excited by the opportunities that Deritend will bring us as we extend our offer in electro-mechanical repair services. Deritend has a highly impressive track record, a blue-chip customer base, and a world-class expert engineering team. All of this, together with the fit in terms of sectors, geography and services, make this the ideal next step in the execution of our engineering services strategy,” Mark Dixon, Rubix CEO.

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