Apheon to acquire a majority stake in Rubio Monocoat from Bencis.

Apheon, an European private equity firm, agreed to acquire a majority stake in Rubio Monocoat, a company specializing in sustainable wood protection solutions for interior and exterior applications, from Bencis, an investment company. Financial terms are not disclosed. “Rubio is a special company: a pioneer in sustainable chemistry, a premium brand with global appeal, and a business built on deep technical know-how and a distinctive innovation culture. We have enormous respect for Wim and his team, who have built a unique platform combining technology, craftsmanship, entrepreneurship and sustainability. We are thrilled to partner with them and the Muylle family to strengthen Rubio’s international leadership, accelerate its innovation pipeline and support its ambition to become the global champion in high-performance, eco-friendly wood protection," Pieter Lambrecht, Apheon Partner.