Aurelius Equity to bid adieu to Distrelec Group

• Aurelius Equity acquired Distrelec as a carve-out from Dätwyler Group in March 2020
• RS Group is a global omni-channel provider of industrial product and service solutions
• Aurelius Equity focuses on investing in lower mid-market corporate carve-outs and platform build-ups

Aurelius Equity Opportunities will sell Distrelec Group, a European B2B distributor of electronic and technical components, to RS Group.

Distrelec Group is based in Manchester, UK.

The transaction is valued at an enterprise value of €365 million resulting in an equity value of around €200 million after considering all deductible items, minority positions, variable compensation and transaction costs.

Aurelius Equity acquired Distrelec as a carve-out from Dätwyler Group in March 2020.

The deal is expected to be completed in the third quarter of 2023 or earlier.

“Combining the digital teams and competences of RS Group and Distrelec represents a big opportunity to accelerate the power of digital business innovation,” said Stephan Rahmede, VP of Aurelius.

Aurelius Equity is a listed entity within the Aurelius Group that focuses on investing in lower mid-market corporate carve-outs and platform build-ups. Aurelius Group is based in Munich, Germany.

RS Group is a global omni-channel provider of industrial product and service solutions. The company is based in London.

Aurelius was advised on the transaction by Baird (M&A), OMMAX (digital), PwC (financial), Linklaters (legal), Haver & Mailänder (legal), Kearney (commercial) and EY (tax).