NIEDAX GROUP enters into a strategic partnership through the acquisition of a majority stake in R&M Electrical Group.
The NIEDAX GROUP has made important inroads in the electrical installation services sector. R&M is a leading electrical distributor based in Southampton and specialised in large-scale projects of EPC contractors. In addition to a number of specialist divisions and offices in the UK, R&M has overseas offices in Asia, Azerbaijan, India, Iraq, Kazakhstan, the Netherlands, the Middle East and USA.
“With extensive experience in global distribution and project supply, R&M has developed a unique range of services tailored to its customer needs”, notes Bruno Reufels, CEO of NIEDAX GROUP. “From a strategic perspective, our clients are increasingly demanding a holistic offering covering all aspects of electrical supply which R&M covers exceptionally well. I am confident that our partnership will help us significantly grow our global operations”, he adds.
Brian Robinson, former Group Chairman and Founder of R&M Electrical Group, emphasises, “As founder, I am pleased that with NIEDAX GROUP, we are joining hands with a leading family business that recognises our achievements over the last three decades and will support R&M in its future growth path.”
“We are very excited about our long-term strategic partnership with NIEDAX GROUP and firmly believe that coming together will yield significant value to all stakeholders”, says, William Crook, Managing Director of R&M Electrical Group.
The NIEDAX GROUP is a globally operating family-owned business that stands for tradition and innovation. With around 2,350 employees worldwide, the group has established itself as a world market leader in the manufacturing of cable management systems made out of metal. With more than 100 years of experience in the production of electrical installation materials, the NIEDAX GROUP today offers a wide range of over 50,000 products in more than 35 countries across the globe.