The shareholders of Walter Gondrom GmbH & Co. KG sell 100% of their shares to Rubix Holding Deutschland GmbH, a company of the US investment company Advent International. With this transaction, Rubix is specifically strengthening its European business in the hose and fluid technology sector. The investment will bundle the know-how of the two companies in order to jointly develop and expand the range of products and services for the European market.
Taurus Advisory exclusively accompanied the three shareholders of Gondrom - Gabriele Kalesse, Renate Breitenbach and Frank Gerdell - through the entire transaction process. In close coordination with the shareholders, the Taurus Advisory team (Dr. Klaus Schmitte, Oliver Kolb and Nico Petzoldt) took over the selection and approach of potential interested parties, organized exploratory rounds and jointly prepared necessary planning and presentation documents. "Our industry expertise and excellent network allowed us to approach potential investors in Germany and abroad in a targeted and sufficiently broad manner and to conduct a structured bidding competition for the best offers," says Dr. Schmitte, explaining the initial situation.
With the sale of the company shares to Rubix, the shareholders successfully settle their corporate succession. Gabriele Kalesse, who retired from management before the transaction was completed, will no longer be part of the future management team. Frank Gerdell will continue to lead the group of companies as Managing Director from the Cologne site. "We have achieved a lot in recent years and are well positioned on the European market. With Rubix, the Taurus Advisory team has found a partner for us with whom we can maintain our medium-sized profile and yet continue to grow rapidly throughout Europe. I am therefore very pleased to be able to pursue this development together with Rubix," says Frank Gerdell.
The transaction is still subject to approval by the relevant antitrust authorities and is expected to be completed by the end of March
About Gondrom
Walter Gondrom GmbH & Co. KG is a family-owned company that has been operating successfully for over 63 years and is established as one of the leading distributors and suppliers of technical hoses and fittings in Europe. The company is also an original equipment supplier to well-known European manufacturers of tank and silo vehicles. The customer base covers industries such as food transport, transport of crude oil or chemicals, and agricultural products. With over 100 employees at seven of its own locations in Germany, France, Italy, the Netherlands and the Czech Republic, as well as sales partners in Poland, Romania, Sweden, Slovenia, the Czech Republic and Hungary, Gondrom is always close to its customers throughout Europe.
About Rubix
Rubix is Europe's largest provider of industrial maintenance, repair and overhaul (MRO) products and services, with sales of €2.3 billion. More than 750 locations in 22 countries provide expertise in specifying, supplying and installing an unrivaled range of industrial parts with a tailored service for all customers.
Project team of Taurus Advisory:
Dr. Klaus Schmitte, Managing Partner
Oliver Kolb, Vice President
Nico Petzoldt, Associate
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DEAL-DETAILS
The shareholders of ALBA Facility Solutions GmbH (AFS) & ALBA Property Management GmbH (APM) sell 100% of their shares to DUBAG Group.


acted as exclusive M&A-Advisor to the seller


acted as exclusive M&A-Advisor to the seller