Mon, 24 Mar 2025 | BUSINESS SALE
Pan-European industrial distributor Rubix has bought ERIKS UK & Ireland.
Rubix is a multi-specialist, providing products and services, backed by a growing digital business. It has over 750 locations across 22 countries. With a turnover of €3.15 billion in 2023, it is Europe’s largest supplier of industrial maintenance, repair and overhaul (MRO) products and services.
ERIKS UK & Ireland is an industrial distributor with a specialist flow technology offer, including hoses, valves, sealing and gaskets, as well as associated technical services such as customisation and repair.
Rubix said this complementary acquisition brings together two multi-specialist industrial distributors offering a broad range of products and services, while extending the Rubix offer in flow technology.
Commenting on the agreement, Vince McGurk, CEO Rubix UK, Ireland and Iceland said: “The highly complementary offers provide the opportunity to deliver a more comprehensive solution to the needs of our customers. The strong fit, shared values and commitment to meeting customer needs would make this a very positive move for the manufacturing sector across the UK and Ireland, and I look forward to working with my new colleagues in the future.”
Franck Voisin, Group CEO at Rubix added: “We look forward to welcoming our new colleagues to the Group. Our consistent approach to industrial distribution, driven by providing multi-specialist technical expertise and specialist services to all our customers, will enable the creation of an even stronger combined business in the UK and Ireland.”
He said the transaction represents a meaningful step in the development of the group. Through this acquisition, Rubix UK, Ireland & Iceland would become the company’s second largest regional market with combined annual revenues in excess of €850 million.
Pamela Bingham, CEO ERIKS UK & Ireland, added: “This partnership delivers exciting opportunities for both organisations. The combination of our product and service offerings will significantly enhance our ability to meet the ever-changing and diverse needs of our customer base.”
The transaction, which is subject to customary regulatory approvals, is expected to complete within the calendar year, once these approvals have been obtained
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