London investment firm lights up growth plans with acquisition of Worcester distributor
London-based investment firm RDCP Group has acquired Worcester Electrical Distributors, one of the UK’s largest independent electrical wholesalers, for an undisclosed sum.
Headquartered in Worcester, the firm was established in 1987 by Neville Butler and Bob Rushton and today employs 80 staff, with an annual turnover of £24m and an average annual revenue growth rate of 20%.
Worcester Electrical operates from six branches offering more than 18,000 stocked items and is a stockist for leading automation products from ABB, Teleme... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
