RS Group expands automation and control offering with acquisition of BPX Group
By Iain Gilbert
Date: Tuesday 03 Mar 2026
(Sharecast News) - Industrial and electrical products distributor RS Group said on Tuesday that it has expanded its automation and control offering with the acquisition of BPX Group, a UK and Ireland‑based specialist distributor.
RS Group said the deal was valued at £27m on a cash‑ and debt‑free basis, plus a deferred earn‑out of up to £3m tied to BPX's 2026 underlying earnings performance. It said the price equated to an acquisition multiple of around 10x reported EBIT for the 12 months to 31 October 2025.
The FTSE 250-listed firm said the acquisition strengthens its position in automation and control, which already makes up more than 40% of group revenue, while also enhancing its technical capabilities and deepening relationships with key suppliers.
Under RS ownership, the firm sees scope for BPX to accelerate revenue growth by broadening product availability to complementary customers and delivering cost efficiencies over the medium term.
As of 0830 GMT, RS Group shares were down 1.53% at 677p.
Reporting by Iain Gilbert at Sharecast.com
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN