Rubis

RUBIS: Results from the capital increase reserved for Group employees

Friday, May 22, 2020 - 6:04pm

This document is a translation of the original French document and is provided for information purposes only.

Key Points: 
  • This document is a translation of the original French document and is provided for information purposes only.
  • Rubis had announced, on February 7, 2020, a capital increase reserved for eligible employees of the companies belonging to the Corporate Savings Plan, Rubis Avenir.
  • The maximum nominal amount authorized by the shareholders at the June 11, 2019 meeting was 700,000 (560,000 Rubis shares).
  • At the end of the subscription, Rubis confirmed that 515 employees, or 52.82% of the eligible employees, thus subscribed to the capital increase, in the amount of 3,854,330.76.

I Squared Capital Partners With Rubis in Rubis Terminal, a Leading European Company for Storing Petroleum Products, Chemicals, Agri-Food Products and Fertilizers

Friday, May 1, 2020 - 12:00am

I Squared Capital has acquired 45 percent of the shares in Rubis Terminal and will jointly control the company alongside Rubis.

Key Points: 
  • I Squared Capital has acquired 45 percent of the shares in Rubis Terminal and will jointly control the company alongside Rubis.
  • The partnership will accelerate Rubis Terminals strategic plan to strengthen its position within its current footprint, diversify its product offerings and explore expansion outside of Europe.
  • Since we entered into exclusivity in December, the Covid-19 crisis has further demonstrated the critical role storage assets play in the global supply chain.
  • About I Squared Capital: I Squared Capital is an independent global infrastructure investment manager focusing on energy, utilities, telecom, transport and social infrastructure in the Americas, Europe and Asia.

RUBIS: Infrastructure fund I Squared Capital and Rubis finalise their partnership in Rubis Terminal

Thursday, April 30, 2020 - 5:04pm

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Rubis, a Paris-based company specializing in the distribution of petroleum products and bulk liquid storage and I Squared Capital, a leading global infrastructure investor, finalised their partnership in Rubis Terminal that was announced last January.
  • According to this agreement, Rubis and I Squared Capital will jointly control RubisTerminal, holding respectively 55% and 45% of the company's shares.
  • It also includes a Revolving credit facility of 75 million to secure Rubis Terminal's future organic development.

I Squared Capital to Partner With Rubis in Rubis Terminal, a Leading European Company for Storing Petroleum Products, Chemicals, Agri-food Products and Fertilizers

Tuesday, January 21, 2020 - 7:18am

I Squared Capital will acquire 45 percent of the shares in Rubis Terminal and will jointly control the company alongside Rubis.

Key Points: 
  • I Squared Capital will acquire 45 percent of the shares in Rubis Terminal and will jointly control the company alongside Rubis.
  • The exclusive transaction with a listed industrial company is the result of a deep relationship developed over many years, said Adil Rahmathulla Managing Partner at I Squared Capital.
  • The existing portfolio provides a strong foundation for building Rubis Terminal into a leading storage company using the I Squared Capital platform approach of operational optimization, bolt-on acquisitions and select greenfield projects.
  • About I Squared Capital: I Squared Capital is an independent global infrastructure investment manager focusing on energy, utilities, telecom, transport and social infrastructure in the Americas, Europe and Asia.