Rubicon Partners is pleased to announce that it has acquired Erodex Graphite Systems Limited (Erodex) from its family shareholders.
Headquartered in Halesowen, UK, Erodex is a leading global supplier of graphite and brass tube electrodes, EDM consumables, and carbon products, primarily used for the manufacturing of turbine blades and aerofoil structures for aircraft engines and industrial gas turbines. Erodex has in-house design, tooling and manufacturing capabilities through its state-of-the-art machine shops in both the UK and the USA. The business is best known for its manufactured premium graphite electrodes and brass tubes that support global OEM and Tier 1 manufacturers.
Erodex represents Rubicon’s 85th industrial investment and the second investment made through Rubicon Partners Fund VI SCSp. Rubicon’s experience includes seven previous investments in the Aerospace sector, including Farsound Aviation, Attewell (now part of Avantus Aerospace) and Invotec (now part of Amphenol).
Following Rubicon’s investment and the retirement of the family shareholders, the business will be led by James Kirk who will step up from Operations Director to CEO, and Raj Rainu (CFO). James and Raj, together with their team, will drive the next phase of Erodex’s international growth in partnership with Rubicon.