Announced
Completed
Financials
Tags
Cross Border
industrial equipment
Mexico
Majority
Machinery: Industrial
Private
Single Bidder
Friendly
Acquisition
Completed
Synopsis
RS Group, a distributor of industrial and electronics products, completed the acquisition of Risoul, an industrial equipment supplier, for $275m. "We are accelerating our organic growth with bolt-on acquisitions that meet our key strategic, financial and cultural criteria. Risoul enables RS to expand our position and execution expertise in the Americas, specifically in Mexico and the rest of Latin America, and drive cross-selling synergies across our product and service solutions offer. As part of RS Group, Risoul will benefit from our digital capabilities and international scale, providing an opportunity to expand beyond its existing strengths, while creating new capabilities. We are excited about the growth opportunities we see as part of our Journey to Greatness and welcome the Risoul team to the RS Group," Lindsley Ruth, RS Group CEO.
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