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

RS Group plc 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.

Distrelec serves approximately 180,000 customers across 19 countries, significantly expanding RS’s presence in continental Europe, especially in Germany, Switzerland and Sweden. Headquartered in Manchester, UK, Distrelec has approximately 400 employees and 12 sales offices across Europe. It also operates two distribution centres in Switzerland and the Netherlands and a shared service centre in Latvia.

Distrelec is a complementary business to RS with a comparable product mix and customer-centric focus, plus industry-leading product availability. Similar to RS, two thirds of Distrelec's revenue are from digital channels and the average order value is also comparable to RS. This strong competitive position increases RS’s revenue by c. 40% in DACH (Germany, Austria and Switzerland), c. 80% in Scandinavia, and adds scale in Italy, Benelux and Eastern Europe.

There is a high degree of overlap in the largely European supplier base, and the combined distribution network will improve the customer experience and operational efficiency of both RS and Distrelec. In addition, there will be increased revenue synergies from cross‐selling opportunities of RS’s own brand and solutions offer.

Distrelec will be integrated into the Group's EMEA region, overseen by Peter Malpas (President EMEA, RS) with key members of Distrelec's management team including Raj Patel (Managing Director) and Ben Scholey (Chief Information Officer).

Simon Pryce, CEO of RS Group, commented: "The acquisition of Distrelec materially strengthens our presence in key European markets. It is a complementary business to RS and has excellent value creation potential with a strong cultural and operational fit. Like RS, Distrelec promotes a high‐performance culture with good levels of employee engagement and satisfaction. We look forward to welcoming the Distrelec team to the group and realising the significant value creation potential that comes from bringing RS and Distrelec together.”

2023081501 / 15.08.2023 / Various / RS group /

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

RS Components introduces new user-friendly Tektronix TBS1000C digital storage oscilloscope for STEM learning
The new oscilloscope comes with an enhanced user interface and a variety of education-specific features

RS Components adds range of enhanced pressure and temperature indicators from Druck
The new DPI 705E range provides accurate, reliable pressure and temperature monitoring in industrial environments

RS Components introduces new low-cost, yet high-performance data-acquisition unit and digitizer module from Keysight Technologies
Delivering high-end sampling capabilities and extensive modularity with a wide choice of plug-ins, the DAQ973A helps engineers and technicians obtain fast results

RS Components introduces selection of leading-edge test and measurement kits from Keysight
Equipment includes two families of oscilloscopes, duo of spectrum analysers, RF signal generator, power analyser and digital multimeter

RS Components launches next generation of compact, low-cost, high-spec RF signal generators
New touchscreen GUI, complex digital modulation and output up to 3GHz

RS Components adds features, improves user interface in free-to-use DesignSpark PCB version 9
Now includes dangling connection report, net selection within pour area

RS Components and SKF strengthen their business relationship
New agreement will broaden RS portfolio, starting with new bearings, seals and power transmission

RS Components introduces highly versatile IIoT development box
Integrates sensors, actuators and cloud services into new and legacy industrial equipment

RS Components launches low-cost, high-performance IR temperature sensor to fit in small spaces
Compact unit features integrated measurement display and parameter controls

RS Components introduces new thermal camera for automotive diagnosis applications
Integrating leading-edge proprietary technologies, new handheld thermal imager is ideal for automotive maintenance and repair technicians

RS Components announces availability of new GuardLink™ component enabling greater machine and plant safety
Key piece in GuardLink safety system, Allen-Bradley Guardmaster® 440S tap provides engineers with high visibility of system status

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SENSOR+TEST 2024, 11.-13.6.2024, Nuremberg, DE
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