RS Group completes acquisition of Distrelec
Synovos
JULY 24, 2023
80% in Scandinavia, and adds scale in Italy, Benelux and Eastern Europe. It is a complementary business to RS and has excellent value creation potential with a strong cultural and operational fit. Similar to RS, two thirds of Distrelec’s revenue are from digital channels and the average order value is also comparable to RS.
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