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Announced

Completed

Rubix completed the acquisition of HEC.

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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Cross Border

Private

Acquisition

Friendly

Diversified Industrials

Majority

compressed air

Completed

Spain

Single Bidder

Synopsis

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Rubix, a British multinational company based in London specialized in the distribution of industrial supplies, completed the acquisition of Holding Europeo de Compressores, a compressed air specialist. Financial terms were not disclosed. “I’m delighted to welcome my new colleagues to the Rubix family. This highly regarded business, with deep expertise in an area that is in high demand, makes the Rubix offer even stronger. This acquisition is also a further example of our drive to grow our presence in the Cataluña region," Jesus Martinez, Rubix CEO in Spain.

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