Rubix has acquired Casa das Correias – a distributor of power transmission products – as part of the Group’s network development strategy.

Casa das Correias is based in Leiria, Portugal and will allow Rubix to expand its presence in Iberia in order to better serve Rubix key account customers in the region.

With 7 employees working from a single branch in Leiria, the company reported sales of €1m in the year ended 31 December 2020.

Andre Martinho Dias, owner and managing director of the business will remain in his role.