Delphi Advisors has advised Diploma PLC on its divestiture of Kubo Tech AG to Polygena AG
Delphi Advisors advised Diploma PLC (LON:DPLM), a global value-added distribution group active in controls, seals, and life sciences with FY2024 £1.4bn revenue and 3,500 employees, on the divestiture of its group company Kubo Tech AG to Polygena AG, a Swiss-based industrial group backed by Helvetica Capital AG.
Kubo Tech AG is a Swiss-based manufacturer and distributor of high-performance sealing solutions and moulded rubber parts for a diverse range of demanding OEM market segments such as medical, watchmaking, food processing, machinery, energy, chemical, and general industry. Besides its headquarters in Zürich, Switzerland, Kubo Tech has an additional facility in Linz, Austria. As a result of the divestiture, Diploma continues its strategic focus on value-add distribution, while Kubo Tech is positioned well for long-term growth as an important part of Polygena’s DACH and European growth strategy.
Delphi Advisors acted as sole financial advisor to Diploma, managing all elements of the transaction and helping select Polygena as the best partner. With this transaction, Delphi Advisors underpins its core competencies by successfully executing another competitive, cross border M&A carve-out process of a specialized industrial manufacturing and distribution business from a European listed corporate.