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Rubix Germany Develops Flow Specialism with Gondrom Rubix Germany develops flow specialism with Gondrom 03. March 2020 – Rubix Germany has reached a preliminary agreement to acquire Walter Gondrom GmbH & Co. KG, based in Cologne, and the affiliated companies of the Gondrom Group. The acquisition is part of Rubix’s M&A strategy. It is subject to the approval of the relevant anti-trust authorities and is expected to complete in April 2020. Gondrom is one of the leading providers of flow products and services with over 60 years’ experience. Since 1995 the business has 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. The company provides a complete range from the leading brands in the category, including its own brand, Silgon, which covers everything from couplings to valves. The company predominantly fulfils the recurring replacement requirement of major European logistics operators but also supports the initial build. Gondrom’s technical experts work closely with customers to meet their needs through product modifications and custom-made solutions. With over 100 employees across seven locations in Germany, France, Italy, the Netherlands and the Czech Republic, as well as sales partners in Poland, Romania, Sweden, Slovenia, the Czech Republic and Hungary, Gondrom is close to its customers throughout Europe. Last year the company generated sales of €28m. Gondrom has been led by two managing directors – Gabriele Kalesse and Frank Gerdell. Frank will join Rubix and continue to lead the business and Gabriele is retiring as part of the process. Reinhard Banasch, CEO Rubix DACH, said: "Gondrom is well known for a very high quality product range and is a leader in its segment thanks to first-class customer service. We will use our combined expertise to expand the range of products and services available to our customers." Gabriele Kalesse said: “I am very proud of what we have achieved together at Gondrom. The company will continue to build on that success as part of Rubix. I can't think of a better and more capable business than Rubix to take over and advance our company. This will make it easier for me to step back and retire with confidence.” Frank Gerdell, Managing Director of Gondrom, added: “We are very excited at the prospect of joining the Rubix family. Access to Rubix's service portfolio, resources and geographic reach will significantly improve our customer-centric approach so that we can create more value for all of our customers and expand our offering. I am very positive about our future development and cannot wait to get started.” 0 3. March 2020 Rubix GmbH T: +49 (0)9931 960 0 info@rubix -group.de Press Release Scheiblerstraße 3 F: +49 (0)9931 960 199 www.rubix-group.de 94447 Plattling, Germany Contact: • Germany: Daniel Eiler, Head of Communications & Marketing, Rubix GmbH, [email protected], +49 (0) 9931 960 230 • Other countries: Peter Tilley, Communications Director, Rubix Group, [email protected], +44 (0) 748 312 4634 About Rubix: Rubix is Europe’s largest supplier of industrial maintenance, repair and overhaul products and services. It was created from the merger of IPH with Brammer in 2017, following the acquisition of Brammer by Advent International. Martin Gaarn Thomsen joined as Group CEO in April 2018. From around 650 + locations across 23 countries, 8,000 employees help to identify, install and provide a leading range of industrial products and services to more than 220,000 customers. The business had combined sales of €2.3bn in 2018 and is a leader distributor in bearings, transmission and automation, fluid power, machining, assembly, tools and protective equipment. Key market brands include: Brammer, Buck & Hickman, Giner, Julsa, Minetti, Montalpina, Novotech, Orexad, Robod, Schäfer Technik, Syresa, and Zitec. For more information visit: www.rubix-group.com About Gondrom: Since 1955, Walter Gondrom GmbH & Co. KG in Cologne has, among other things, specialized in the delivery of hose lines, fittings and accessories for the transport of liquid and powdery dangerous goods. The company is an original equipment manufacturer for well-known European manufacturers of tank and silo vehicles. Gondrom is one of the leading companies in the market segment and serves customers throughout Europe with quality products, an extensive warehouse and a competent team. On site, specialists work with customers to implement individual requirements. Whether product modification or custom-made: compatible solutions in proven Gondrom quality are always available. Further information can be found at: www.gondorm.com 03. March 2020 Rubix GmbH T: +49 (0)9931 960 0 [email protected] Press Release Scheiblerstraße 3 F: +49 (0)9931 960 199 www.rubix-group.de 94447 Plattling, Germany .
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