# RS Group acquires Distrelec for €365 million

RS Group PLC has agreed to acquire Distrelec B.V., a high-service digital-led distributor of industrial and MRO products, for €365 million on a cash-free and debt-free basis. The acquisition expands RS's presence in continental Europe, particularly in Germany, Switzerland, and Sweden.

- Type: Acquisition
- Announced: 2023-04-27
- Value: $402.0M (365.0M EUR)
- Status: announced
- Products: industrial and MRO products
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [RS Group](https://endata.com/companies/64677.md) (acquirer)
- [Distrelec](https://endata.com/companies/69985.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/RS-GROUP-PLC-9590114/news/RS-Acquisition-of-Distrelec-Statement-43654568/), 2023-04-27: "We are pleased to announce that we have reached agreement to acquire Distrelec B.V."

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