Apheon Acquires Majority Stake in Rubio Monocoat

Apheon, a European private equity firm, has signed a binding agreement to acquire a majority stake in Rubio Monocoat, a global sustainable wood protection solutions company. The deal includes a partnership with management and the founding Muylle family, while Bencis sells its stake. Apheon plans to accelerate Rubio’s international growth, strengthen its omnichannel go-to-market, and continue advancing its innovation roadmap.