RS Group completed the acquisition of Distrelec from Aurelius for €365m.

RS Group, a global omni-channel provider of product and service solutions for designers, builders and maintainers of industrial equipment, completed the acquisition of Distrelec, an online & catalogue distributor for electronics, automation, measurement technology as well as for IT and accessories, from Aurelius, an investment firm, for €365m. "Strategic acquisitions that are value creative is part of our strategy, and I'm pleased with what I've seen of our disciplined identification, assessment, valuation and integration processes. These have helped to drive good progress at Risoul since we acquired it in January 2023. Distrelec is a complementary business to RS with excellent value creation potential under our ownership. It materially strengthens our presence in key European markets, there is a strong cultural and operational fit and there are significant potential soft and hard synergies from the combination. We look forward to welcoming Distrelec to RS and to realising the significant potential growth and value creation opportunities it creates for all our stakeholders," Simon Pryce, RS Group CEO.