Helvetica Capital-backed Polygena completed the acquisition of Kubo Tech from Diploma.

Helvetica Capital-backed Polygena, a Swiss-based industrial group, completed the acquisition of Kubo Tech, a service and technology partner in the seals, gaskets, springs, protective coverings, couplings and moulded rubber parts industry, from Diploma, a global distributor specializing in controls, seals, and life sciences. Financial terms were not disclosed.