American private equity firm Advent International formed this group last September, when it merged French industrial supplier IPH with UK counterpart Brammer, which it had taken private in a £222m deal in February 2017. It appointed Martin Gaarn Thomsen, 47, chief executive in March to oversee the distribution of industrial products from 650 European sites. Formerly known as IPH Brammer, it rebranded as Rubix in June.
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