Rubix consolidates its presence in the Madrid region and expands its range of products and services with the acquisition of Madriferr, a company that employs 65 people and generates annual sales of more than €15 million.
Jesús Martínez, CEO of Rubix Spain, said: “I am delighted to welcome Oscar and my new colleagues to the Rubix Group. We share a commitment to ensure that our people deliver knowledge and expertise to our customers so that we can meet their needs and create value for their businesses.”
Oscar Madrid, founder of Madriferr, added: “After 30 years of building this business, I am delighted to join forces with Rubix. The power of the Group will accelerate our growth while significantly expanding the range of products and services we can bring to our customers.”
Manuel Urrutia has also highlighted the importance of legal and financial advisors having a global vision of the company and the market in which it operates: “In order to carry out a successful M&A transaction, it is essential to have a deep understanding of the company, its financial situation, its business model and the market in which it operates. At Confianz, we strive to thoroughly understand our clients’ business and their environment, in order to provide them with personalised advice tailored to their needs.”
Confianz provided Legal advice with a team led by managing partner Manuel Urrutia, with the participation of partner Álvaro Mendiola, and lawyers Rebeca Sánchez and Julia López.
The firm also provided Finacial advice with partner Ibon Arbaizagoitia and associate Anthony Segura.