Rubix Explained

Rubix should not be confused with Rubik's.

Rubix
Type:Limited company
Location City:London
Location Country:United Kingdom
Area Served:Europe
Key People:Franck Voisin (CEO)
Industry:Conglomerate
Products:Industrial engineering, Personal protective equipment, Maintenance (technical), Power transmission
Revenue:3.15 billion (2023)
Num Employees:8,500 (31/12/2022)

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

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

Executive management

The executive board members are:[14]

while country general managers are:

Countries and Subsidiaries

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.

Notes and References

  1. Web site: Rubix - Our Financial Results . Rubix . 2021 . 15 February 2023.
  2. Web site: Rubix 2021 Annual Report . Rubix . 2022 . 15 February 2023.
  3. Web site: Rubix Engineering website . Rubix . 2018 . 15 February 2023.
  4. Web site: Rubix 2021 Financial Results . Rubix . 2022 . 15 February 2023.
  5. Web site: Drive and Motor Repairs Wake Industrial . 2024-06-06 . www.wakeindustrial.com.
  6. News: Europe’s largest MRO firm, IPH Brammer, is reborn as Rubix . 26 June 2018 . Drives&Controls.
  7. News: Europe MRO Products Group IPH-Brammer Rebrands As Rubix . 29 June 2018 . IndDist.
  8. News: PE firm Advent to buy UK's Brammer for the 221.5 million pounds . 23 November 2016 . Reuters.
  9. News: Advent International to acquire IPH from PAI Partners . 13 June 2017 . PrivateEquityWire.
  10. Web site: Top Track 100 . Rubix . 2022 . 15 February 2023 .
  11. Web site: CSR Assessment Report . Rubix . 2022 . 15 February 2023.
  12. Web site: CSR Assessment Report . Rubix . 2022 . 15 February 2023.
  13. Web site: Reducing emissions from the shipping sector - European Commission . 2024-06-06 . climate.ec.europa.eu . en.
  14. Web site: Rubix - Our Leadership . Rubix . 2018 . 23 September 2018.