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Rubix

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Rubix
Company typeLimited company
IndustryConglomerate
Founded26 June 2018; 6 years ago (26 June 2018)
Headquarters,
Area served
Europe
Key people
Franck Voisin (CEO)
ProductsIndustrial engineering, Personal protective equipment, Maintenance (technical), Power transmission
Revenue3.15 billion (2023)
Number of employees
8,500 (31/12/2022)
Websitewww.rubix-group.com

Rubix is a British multinational company based in London specialised in the distribution of industrial products and services for industrial engineering, maintenance (technical) and operations. Rubix has become the number 1 company in Europe in the maintenance, repair and overhaul (MRO) sector with 750 locations across 22 countries and a turnover of €3.15 billion in 2023.[1]

The company serves over 220,000 customers[2] and distributes over 2 million products, including bearings, mechanical power transmission components, flow technology and fluid power products, machining, cutting tool materials, personal protective equipment and general maintenance products, as well as logistics and technical services.[3]

Rubix has five exclusive brands:[4] Cutline (high-performance rotary cutting tools), GISS (PPE and safety products), Mecaline (mechanical power transmission products), Roebuck (hand tools), and Spartex (industrial essentials).[5]

History

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Rubix was created on 26 June 2018, following the name change of the IPH-Brammer Group.[6][7] It was created in September 2017 following the merger of the Brammer group and the IPH group, both acquired by US investment fund Advent International in 2017.[8][9]

Rubix has been ranked Number 28 on the 2020 Sunday Times HSBC Top Track 100.[10] In August 2022, Rubix achieved a Gold EcoVadis sustainability rating, placing them in the top 2% of companies in their industry.[11] In 2021, Rubix reduced Scope 1 emissions by 26%, Scope 2 emissions by 8%, and Scope 3 emissions by 25%.[12][13]

Corporate affairs

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Executive management

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The executive board members are:[14]

  • Franck Voisin, Chief Executive officer
  • Katy Phillips, Chief Financial Officer
  • David Morkeberg, Group HR Director
  • Lee Pruitt, Chief Digital & Marketing Officer

while country general managers are:

  • Tiziano Biasoli, Italy
  • Jesus Martinez Planas, Spain
  • Alexandre Labasse, France
  • Paul van der Rest, Benelux and Nordics
  • Vince McGurk, UK
  • Pinaki Banerjee, Central and Eastern Europe
  • Maarten Bode, DACH

Countries and Subsidiaries

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Rubix provides industrial products and services in 22 countries: Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Hungary, Iceland, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Poland, Romania, Slovakia, Spain, Sweden, Switzerland and the United Kingdom.

References

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  1. ^ "Rubix - Our Financial Results". Rubix. 2021. Retrieved 15 February 2023.
  2. ^ "Rubix 2021 Annual Report" (PDF). Rubix. 2022. Retrieved 15 February 2023.
  3. ^ "Rubix Engineering website". Rubix. 2018. Retrieved 15 February 2023.
  4. ^ "Rubix 2021 Financial Results" (PDF). Rubix. 2022. Retrieved 15 February 2023.
  5. ^ "Drive and Motor Repairs | Wake Industrial". www.wakeindustrial.com. Retrieved 6 June 2024.
  6. ^ "Europe's largest MRO firm, IPH Brammer, is reborn as Rubix". Drives&Controls. 26 June 2018.
  7. ^ "Europe MRO Products Group IPH-Brammer Rebrands As Rubix". IndDist. 29 June 2018.
  8. ^ "PE firm Advent to buy UK's Brammer for the 221.5 million pounds". Reuters. 23 November 2016.
  9. ^ "Advent International to acquire IPH from PAI Partners". PrivateEquityWire. 13 June 2017.
  10. ^ "Top Track 100". Rubix. 2022. Retrieved 15 February 2023.
  11. ^ "CSR Assessment Report" (PDF). Rubix. 2022. Retrieved 15 February 2023.
  12. ^ "CSR Assessment Report" (PDF). Rubix. 2022. Retrieved 15 February 2023.
  13. ^ "Reducing emissions from the shipping sector - European Commission". climate.ec.europa.eu. Retrieved 6 June 2024.
  14. ^ "Rubix - Our Leadership". Rubix. 2018. Retrieved 23 September 2018.
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