19 Dec 2025

Stibbe Advises Bencis the Muylle Family and Management on Sale of 100% of Rubio Monocoat to Apheon

"Stibbe advised PE fund Bencis, the founding Muylle family and management on the sale of 100% of Rubio Monocoat to Apheon. The transaction will see Apheon partner with Rubio’s management and the Muylle family to accelerate international expansion, advance innovation and strengthen Rubio’s sustainable, technology-driven position; transaction subject to closing."

Stibbe assisted PE fund Bencis, the founding Muylle family and management with the sale of 100% of the equity in Rubio Monocoat to Apheon. The transaction entails the sale of Rubio Monocoat, a global pioneer in sustainable wood protection solutions for interior and exterior applications, to Apheon, a leading European private equity firm. Apheon will partner with Rubio’s experienced management team and the founding Muylle family to accelerate the company’s international expansion, advance its innovation roadmap and strengthen its position as one of the most sustainable and technology-driven brands in the wood coating industry. The transaction is subject to closing. Stibbe represented PE fund Bencis, the founding Muylle family and management with a team composed by: Stefan Odeurs, Margaux Beyer, Pieter van Daele, Mick Veulemans.
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