Rubix Italy has completed the acquisition of Fluidmec SpA, a specialist distributor of industrial products covering pneumatics, hydraulics, automation, gaskets and lubrication. The business, based in Brescia, also offers consultancy in industrial plant engineering.

Fluidmec’s 100 employees work across six branches in Lombardy. The business delivered over €34m in sales in 2018.

Marco Minetti, CEO of Rubix Italy, said: “This acquisition enables us to increase our portfolio of products and services while giving Fluidmec access to a broader customer base, including multi-site key account customers.”

Francesca Piantoni, CEO of Fluidmec SpA, said: “We are entering a new chapter in the history of Fluidmec. This agreement opens up numerous business opportunities and allows us to take advantage of the market leading position that Rubix holds in Italy, and across Europe. It’s a unique opportunity for us to grow and expand our customer base.”