Neuberger Berman completed the acquisition of minority stake in Rubix.

Neuberger Berman, an American private markets investment firm, completed the acquisition of a minority stake in Rubix, a UK-based distributor of industrial maintenance, repair and overhaul (MRO) products and services. Additional investors include Adams Street Partners, LGT Capital Partners, J Safra Sarasin Asset Management, and BlackRock. Financial terms were not disclosed.