The Leading News & Information Service For The Facilities, Workplace & Built Environment Community

CMD Acquired by Rubicon Partners

CMD Acquired by Rubicon Partners
01 November 2022

CMD Ltd, the UK manufacturer of power distribution systems for commercial environments, is to be acquired by Rubicon Partners.

Rubicon Partners is a London-based investment partnership focused on the acquisition of complex industrial businesses. CMD will be the sixth investment made by Rubicon through its Fund V, which includes the utilities division of Amey.

CMD was previously owned by Rubicon, who created the business in 2001 by integrating three separate companies. Today, CMD’s business encompasses power distribution, workstation power and ergonomic solutions for employee performance.


“This is tremendous news for all stakeholders of CMD as we face the modern challenges with new ambition and energy - I’m especially proud to be leading such a talented and committed workforce."

–Jon Holding

Managing Director, CMD


Jon Holding to Remain as Managing Director of CMD


The company employs 158 people, from its manufacturing unit in Rotherham and showroom in London. Jon Holding will remain as Managing Director alongside the existing management team.

Andrew Fischer, Founder of Rubicon commented “CMD has always been a business close to my heart and to have the opportunity to help its evolution is both exciting and rewarding for me personally. CMD is a great UK business with a local heritage and true manufacturing credentials - we are confident that with Jon Holding as Managing Director and the existing management team remaining in place, we are well placed to continue to serve our customer base to the highest of standards while at the same time drive market innovation and developments further.”

Jon Holding, Managing Director of CMD added “This is tremendous news for all stakeholders of CMD as we face the modern challenges with new ambition and energy - I’m especially proud to be leading such a talented and committed workforce. The new ownership provides long term clarity as we look to focus on the markets and customers that we serve and to continue the outstanding product development to which we always aspire.

"With other exciting new projects like a new London showroom already well underway, CMD will remain an exciting place to be for the foreseeable future as we look to continue our development as a business.”  

Picture: a photograph of a co-working space with desks and computers. Image Credit: Pixabay

Article written by Ella Tansley | Published 01 November 2022


Related Articles

Kings Secure Technologies Acquires EFire

Kings Secure Technologies is to acquire UK fire and life safety systems provider East Fire Extinguishers and Alarms. First established in 2011 and headquartered in...

 Read Full Article
Atalian Servest and OCS Group Confirm Sale

FM service provider Atalian Servest has confirmed its sale to a private investment firm and that it will be merged with OCS. Private Equity Firm Clayton, Dubilier...

 Read Full Article
MRI Software Completes PropTech Group Acquisition

MRI Software has completed its $93.4 million stock acquisition of PropTech Group. The deal has secured approval from the Australian Competition and Consumer...

 Read Full Article
PTSG Acquires Indepth Hygiene Services

Premier Technical Services Group Limited has announced its acquisition of Indepth Hygiene Services Ltd –  a specialist fire safety company. The deal means...

 Read Full Article
Planon Acquires Ubigreen

Planon has acquired a majority share in Ubigreen, a PropTech company based in Toulouse, France. Ubigreen specialises in energy and sustainability management...

 Read Full Article
Imtech Closes On Suir Engineering Sale

Technical services provider Imtech has announced the completed sale of Suir Engineering Ltd to the British private equity investor Duke Street. Imtech is jointly...

 Read Full Article
Property Consultancy Rapleys Acquires Asset Management Firm Aston Rose

Rapleys has brought London surveying firm Aston Rose into its business, the biggest single expansion in the property advisory’s 72-year history. Aston Rose will...

 Read Full Article
Nirvana Group Holdings Acquires Nirvana Maintenance and Urban Maintenance Group

Nirvana Group Holdings (NGH) has acquired Nirvana Maintenance and Urban Maintenance Group, to continue its expansion into the North West. Nirvana Maintenance provides...

 Read Full Article
CHAS Acquired by Veriforce

CHAS 2013 Ltd, the provider of compliance and risk management solutions, is to be acquired by supply chain risk company Veriforce for an undisclosed fee. Established...

 Read Full Article
Imtech Sells Irish Subsidiary Suir Engineering

Imtech has signed an agreement to sell Suir Engineering to private equity investor Duke Street. Technical services provider Imtech, which is jointly owned by Dalkia...

 Read Full Article