REG - RS Group PLC - Acquisition of BPX Group

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RNS Number : 0138V  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 (http://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 (http://www.bpx.co.uk)
 

 

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