Neuberger Berman to acquire a minority stake in Rubix.

Neuberger Berman, an American private markets investment firm, agreed to acquire 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. The investment is intended to support Rubix’s continued growth and strategic development across Europe.