# Niedax Group acquires majority stake in R&M Electrical Group

NIEDAX GROUP announced the acquisition of a majority stake in R&M Electrical Group, a leading electrical distributor based in Southampton, UK, effective 28 February 2021.

- Type: Acquisition
- Announced: 2021-03-05
- Where: Southampton, United Kingdom, United Kingdom
- Status: completed
- Products: electrical distribution services
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Niedax](https://endata.com/companies/41405.md) (acquirer)
- [R&M Electrical Group](https://endata.com/companies/53674.md) (target)

## Sources

- [niedax-group.com](https://www.niedax-group.com/en/news-events/niedax-group-expands-global-operations/), 2021-03-05: "From a strategic perspective, our clients are increasingly demanding a holistic offering covering all aspects of electrical supply which R&M covers exceptionally well."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.