IN BRIEF: RS Group buys automation firm BPX for up to GBP30 million
3rd Mar 2026 10:45
RS Group PLC - London-based industrial and electronics products distributor - Acquires BPX Group Ltd, a UK and Ireland-based distributor of industrial automation and control products, for an enterprise value of GBP27 million on a cash-free, debt-free basis, plus a deferred earn-out of up to GBP3 million subject to agreed financial targets for financial 2026. The consideration equates to around 10 times reported earnings before interest and tax for the 12 months to October 31, 2025. Says the deal strengthens its automation and control offering, which accounts for more than 40% of group revenue, and enhances technical capabilities while expanding supplier relationships. Read More