Rubix Spain has acquired Suministros Navarro to strengthen its position across the Levante region, in line with the Group’s network development strategy.

Originally founded in 1960, Suministros Navarro provides tools and pneumatics, hydraulics and power transmission products and services to a wide range of customers in the area.

With 28 employees working from a single branch in Ontinyent, Valencia, the company reported sales in excess of €5.5m in the year ended 31 December 2020.

Jesús Martinez, CEO Rubix Spain, said: “I’m looking forward to working with my new colleagues from Suministros Navarro as we continue to develop our network across the country.”

The business is headed by Rafael Navarro who will remain in his current role and support the future development of the company.

Commenting on the acquisition, Rafael Navarro said: “I am proud of the business we have built over the past 61 years. Now is the right time for Suministros Navarro to move into the next phase of its development and there is no better partner than Rubix.”