News for Panel Builders

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RS Group Plc Announces Acquisition of Risoul for US $275 Million Strong Strategic, Financial and Cultural Rationale

Allied Electronics & Automation is pleased to announce an agreement to acquire Risoul y Cia, S.A. de C.V. (Risoul), a family-owned distributor of industrial and automation product and service solutions in Mexico, for a cash consideration of US$275 million (c. £228 million) on a cash-free and debt-free basis. The consideration represents an acquisition multiple of c. 12x adjusted EBIT on a 12-month basis to 30 June 2022.

 

 

 

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Rittal Increases Houston Warehouse Footprint to Support Growing Customer Demand, Shorten Delivery Times, and Expand Service Capabilities

Rittal North America recently announced the expansion of their Houston, TX warehouse and modification center. This expansion adds 33% more warehouse space to the current distribution center, providing added capabilities and increased inventory.

 

 

 

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CDM Electronics Announces Authorized Distributorship For Amphenol Nexus Technologies

CDM Electronics has announced an agreement with Amphenol Nexus Technologies to stock and distribute tactical communications interconnects at their Turnersville, NJ location. Amphenol Nexus Technologies, a subsidiary of Amphenol Corporation, is a global supplier of interconnect products for military, public safety and commercial communications applications.

 

 

 

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Allied Electronics & Automation Offers a Comprehensive Range of Ready-to-Ship Material Handling & Packaging Solutions

Allied Electronics & Automation offers around 50,000 ready-to-ship material handling & packaging solutions from trusted suppliers including Bosch Rexroth Linear Motion Technology, Goodyear Belts and Toshiba Motors & Drives. Material handling & packaging solutions are used to move, manipulate, protect, store, pack and ship goods spanning raw materials to finished products.

 

 

 

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Allied Electronics & Automation Launches Website Accessibility Initiative

Allied Electronics & Automation is furthering its award-winning commitment to inclusivity by launching a new website accessibility initiative. Allied has been actively engaged in a series of website upgrade initiatives designed to reflect its digital-first business model and deliver a robustly interconnected, customer-centric experience on any device.

 

 

 

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Schneider Electric Featured in the 2022 “Best Places to Work for Disability Inclusion” List by Disability:IN

Schneider Electric recently announced that the company has been featured in the 2022 “Best Places to Work for Disability Inclusion” list. This award from Disability:IN recognizes the company’s commitment to disability, inclusion and equality within the workplace.

 

 

 

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Anton Ivanov Is the New Industry Manager for Food and Packaging at Schmersal

The Schmersal Group has named Anton Ivanov as the new industry manager for food, beverages, medicine, and packaging. In this position, his tasks include supporting and consulting Schmersal’s customers at home and abroad. In addition, he will also be responsible for the development of new products and maintenance of the existing product ranges tailored to this particular field.

 

 

 

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Allied Electronics & Automation Opens New Hybrid Office Space & Launches Flexible Work Model

Allied Electronics & Automation is giving its employees a new way to work across its more than 40 locations with a new hybrid office space and flexible work model. While the COVID-19 pandemic presented multiple challenges for nearly every business, it allowed Allied to realize that many of its employees wanted to work differently.