(ECM) Report
10 June 2023 RS GROUP PLC ANNOUNCES ACQUISITION OF RISOUL FOR US$275 MILLION STRONG STRATEGIC, FINANCIAL AND CULTURAL RATIONALE Acquisition of leading distributor of industrial and automation product and service solutions in Mexico Largest authorised distributor of Rockwell products in Mexico and also Latin America Delivering on all our acquisition priorities: geographic expansion, product adjacencies and service solutions Significantly strengthening the RS Group offer in Mexico Opportunity to leverage our digital expertise, complementary products including our main own-brand RS PRO, and a broad range of product and service solutions to accelerate growth Accretive to adjusted1 earnings per share (EPS) in the first full year and expected to exceed Group cost of capital within three years RS Group is pleased to announce an agreement to acquire Risoul y Cia, S.
RS : Acquisition of Risoul watches (Statement)
