RS Group – RS Group completes acquisition of Distrelec

July 3, 2023

€365 million acquisition of high-service, digital-led distributor of industrial and MRO products expands RS’s presence in continental Europe

RS Group plc (LSE: RS1), a global provider of product and service solutions, announced that it has completed the acquisition of Distrelec B.V. (Distrelec), a high-service, digital-led distributor of industrial and maintenance, repair and operations (MRO) products, for a cash and debt free value of €365m as previously announced on 27 April 2023.

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