RS Group, a global provider of product and service solutions, has announced a further expansion in the capability of DesignSpark – its fast-growing online community for engineers – with its new ‘Product Design Centre.’

RS Group as expanded the capabilities of DesignSpark – its online community for engineers – with its new ‘Product Design Centre’.

RS has announced the launch of a new circuit simulator tool for use by the 1.3 million members of the DesignSpark engineering community. 

RS Group announced that it has completed the acquisition of Distrelec for a cash and debt free value of €365m as previously announced on 27 April 2023.

RS Group has reported revenues up 17% year on year. It breaks down as 10% like for like, 2% from acquisitions and a 5% currency benefit.

David Egan, Chief Financial Officer at RS Group (RS) has resigned with immediate effect, following a personal relationship with a colleague.

RS Group is buying Distrelec from AURELIUS Equity Opportunities for £323 million. Closing is expected in Q3 2023 or earlier.

RS Group has appointed Interim President Douglas Moody to the role of President, Americas, on a permanent basis with immediate effect.

RS Group has collaborated with Witt Energy to develop an innovative energy harvesting device as part of ‘Earth Week’, leading up to ‘Earth Day’ on April 22.

 RS Group says its DesignSpark Environmental Sensor Development Kit (ESDK) has been certified by the Open-Source Hardware Association (OSHWA).

RS Group has launched its Better World product range. Products in the range have made sustainability improvements and are supported by trusted certifications and eco-labels.

RS Group has announced that Simon Pryce is to be appointed to the role of CEO and Executive Director with effect from 3 April 2023. David Egan, currently Acting CEO, will work alongside Simon in his role as Chief Financial Officer (CFO).

RS has renewed its support for Team BRIT, an all-disabled racing team which aims to change motorsport to make it truly accessible for all. 

Distributor RS Group has extended its range of test and measurement solutions from Keysight Technologies.

RS Group is rebranding its main trading brand in the Americas, Allied Electronics & Automation, to RS.

DesignSpark, RS Group’s online community for engineers, is now offering a suite of design tools including DesignSpark Mechanical and DesignSpark PCB.

RS Group has qualified as a constituent of the Dow Jones Sustainability Indices (DJSI), which measures the performance of companies selected with environment, social and governance (ESG) criteria using a best-in-class approach.

 Lindsley Ruth is stepping down as Chief Executive Office of RS Group with immedieate effect due to personal reasons.  

RS has introduced a digital platform, dubbed RS Think Hub, that it says will transform the lives of millions of engineers across a swathe of industries.

RS Group, an omni-channel provider of product and service solutions, has announced the winner of its Air Quality Project competition, which began at the end of last year and is part of RS’ DesignSpark #ActivistEngineering programme.