Rubix Group has reached an agreement to acquire Gondrom Group, consisting of Gondrom GmbH & Co KG and its subsidiaries in Germany, the Netherlands, France, Italy and the Czech Republic. Taylor Wessing acted as lead counsel of Rubix in this transaction in all five jurisdictions.
With a turnover of more than 2.3 billion Euro generated with 8,000 employees from around 650 + locations across 23 countries, Rubix Group is Europe’s largest supplier of industrial maintenance, repair and overhaul products and services. Rubix was created from the merger of IPH with Brammer in 2017, following the acquisition of Brammer and IPH by Advent International.
Gondrom Group with headquarters in Cologne and subsidiaries in five countries is one of the leading providers of flow products and services specialised in the supply of technical hoses, fittings and accessories for the transfer of a wide range of liquids, powders and other bulk materials that are transported using silo trailers. Last year, Gondrom generated sales of 28 million Euro.
The parties agreed not to reveal the purchase price. Closing of the transaction remains subject to merger control approval.
Legal counsel to Rubix Group:
Taylor Wessing (Munich): Dr. Christian Traichel (Lead Partner, Corporate/M&A), Dr. Rebekka Krause (Corporate/M&A), Dominique Stephanie Ledermüller (Corporate/M&A), Dr. Marco Hartmann-Rüppel (Merger Control, Hamburg), Christiane Richter-Wienke, LL.M. (Employment), Dr. Adrian Birnbach (Real Estate), Dr. Michael Kieffer, Giorgia Carandente (Commercial), Dr. Tim Schwarz (IP), Dr. Bert Kimpel, Johanna Thünnesen (Tax, Düsseldorf), as well as teams from Taylor Wessing Netherlands, Taylor Wessing France and Taylor Wessing Czech Republic.