Rubix Spain has completed the simultaneous acquisitions of Stop Fluid S.L. and Desarrollos Hidráulicos SF S.L (DHSF), in line with the Group’s network development strategy.
Stop Fluid is a specialist distributor of flow equipment (valves, seals, pumps, pipe clamps and thermal utility products) serving water and industrial customers. Stop Fluid also provides a wide range of associated services including predictive and corrective maintenance, repair, audit and calibration as well as leakage assessment and remediation.
DHSF designs and supplies pipe clamps/leakage solutions for water applications.
Based in Sevilla, the companies are present in five locations – including three workshops. The combined businesses have recurring sales of just under €10m and employ 58 people.
Jesus Martinez, CEO of Rubix Spain, said: “These acquisitions enable us increase our portfolio of products and services while giving Stop Fluid and DHSF access to a broader customer base, including multi-site key account customers.”
José García Leal, CEO of Stop Fluid and DHSF said: “We are entering a new chapter in the history of Stop Fluid and DHSF. Bringing our businesses together with Rubix Spain will support the next stage of development and open up new business opportunities. We are proud to contribute to Rubix Spain’s development in the flow market.”