Noerr has advised the Rubix Group on its acquisition of Hungarian tool, machine, and general maintenance product distributor Tar Csavar-Csapagy. Deloitte Legal reportedly advised the sellers.
The Rubix Group is a London-based industrial distributor in Europe.
Tar Csavar-Csapagy is a specialist distributor of tools and general maintenance products in Hungary. It was established in 1992 as a dealer of fasteners and bearings and later supplemented its offering with industrial maintenance materials, hand and electric tools, machines, construction and wood hardware, and occupational safety products, among others.
According to Noerr, “as the only industrial distributor with a pan-European footprint, the Rubix Group is committed to enhancing its market presence further and providing unrivaled offerings to its customers. The acquisition of Tar Csavar-Csapagy marks an important milestone in this endeavor.”
Back in 2022, Noerr also advised on Rubix’s acquisition of Seall (as reported by CEE Legal Matters on January 10, 2022).
The Noerr team included Partner Zoltan Nadasdy, Senior Counsel Peter Stauber, Counsel Akos Mates-Lanyi, Attorneys at Law Eszter Hegedus, Eszter Sieber-Fazakas, Petra Eszter Deli, and Edina Czegledy, and Junior Associates Virag Ablonczy and Dalma Drotos.