Acquisition of BPX Group

Summary by AI BETAClose X

RS Group PLC has acquired BPX Group, a UK and Ireland-based specialist distributor of industrial automation and control products, for an enterprise value of £27 million plus a deferred earn-out of up to £3 million, representing an acquisition multiple of approximately 10x reported EBIT. This strategic acquisition, which complements RS Group's existing strengths in automation and control, aims to enhance technical capabilities, expand supplier relationships, and accelerate revenue growth for BPX by leveraging RS Group's resources and customer base.

Disclaimer*

RS Group PLC
03 March 2026
 

3 March 2026

 

RS GROUP PLC

 

RS Group acquires Automation & Control specialist BPX Group

RS Group (the "Group"), the high-service global product and service solutions provider for industrial customers, is pleased to announce the acquisition of BPX Group, a UK and Ireland-based specialist distributor of industrial automation and control ("A&C") products, for an Enterprise Value (cash-free debt-free) of £27m and a deferred earn-out of up to £3m, payable subject to achievement of agreed FY 2026 EBITDA performance targets. The consideration represents an acquisition multiple of around 10x reported EBIT on a 12-month basis to 31 October 2025.

BPX Group, founded more than 50 years ago, specialises in supporting industrial customers with technical automation and control solutions in UK and Ireland. BPX stocks, supports, and supplies automation and control components, devices and solutions for many of the world's leading electrical, electronic and pneumatic manufacturers to over 6,000 active customers.

The acquisition complements RS Group's strengths in automation and control - which accounts for more than 40% of Group revenue - and enhances our technical capabilities and high-service focus. It also expands our relationship with key suppliers. Under RS ownership, we see the opportunity for BPX to accelerate revenue growth through offering enhanced product and capability to complementary customers and optimising combined costs over the medium term.

ENDS

Enquiries:



 



Carla Bloom

VP Investor Relations

020 7239 8427

Martin Robinson

Teneo Communications

020 7260 2700

 

About RS Group 

RS is a high-service global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably. We operate in 36 markets, stock over 830,000 industrial and specialist products and list an additional five million relevant for our industrial customers, sourced from over 2,500 suppliers. This extensive range supports our customers across the industrial lifecycle of designing, building and maintaining equipment and operations. We enhance their experience through a tailored service model, leveraging our efficient physical, digital and process infrastructure sustainably. We combine a technically led and digitally enabled approach with an exceptional team of experts; ultimately, it's our people that make the difference. Our purpose, making amazing happen for a better world, reflects our focus on delivering results for people, planet and profit. RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the year ended 31 March 2025 reported revenue of £2,904 million.

 

For more information, please visit www.rsgroup.com  

 

About BPX Group   

BPX is a UK-based specialist distributor of industrial automation and control products, through twenty branches and two regional distribution centres located across the UK & Ireland. BPX is a group of complementary distributors under 7 trading brands. BPX employs c.230 people who are based across multiple locations, including the headquarters and primary Distribution Centre near Leicester, an additional Distribution Centre in Huddersfield, and 20 stock-holding branches within the UK & Ireland.  

For more information, please visit www.bpx.co.uk    

 

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