Dr. F Barry Lawrence, representing Texas A&M, presented the Market and Distribution Trends at RS Group plc (former Electrocomponents) Investor’s Event in London, U.K. on March 30, 2022
On March 30,2022, RS plc hosted an Investor Event in London where Mr. Lindsley Ruth, Chief Executive Officer, announced the renaming of the company as RS Group plc this coming May. he indicated, “RS is our primary customer brand, recognized by designers, builders, and maintainers of industrial equipment and operations around the world. As RS Group we will bring our business together under one brand, united behind a common ambition and our single purpose: Making Amazing happen for a Better World.”
The objective of the Investor’s Event was to outline RS Group’s plan to deliver the best in class growth. Dr. F. Barry Lawrence, from Texas A&M University, described the growth opportunity in the fragmented markets and presented the trend of global distributors.
In addition, Dr. Lawrence described the availability in the market per different regions and explained the capabilities RS Group has acquired to support the growth opportunities through its operational strength and strategic vision.