Electrocomponents acquisition of Monition

  

Monition will initially operate as an extension of our Technical Services operation, within the RS Northern European sub-region of EMEA.

Monition provides managed services in areas such as condition monitoring, predictive maintenance and the Industrial Internet of Things, and will retain its trading name.

“The acquisition of Monition supports our strategy of building a range of differentiated value-added solutions such as connected factory and IIoT solutions for our customers,” said Pete Malpas, Managing Director of RS Northern Europe. “Whilst we already have an extensive range of customer solutions including calibration, eProcurement and inventory management solutions, we believe that the Monition portfolio will enable us to provide our customer base with the intelligent solutions they need to maintain their operations more effectively and as such will bring us closer to becoming first choice for our customers."