RS Group Acquires BPX Group for £27 Million to Enhance Automation and Control Capabilities
RS Group has acquired BPX Group, a distributor of industrial automation products, for £27 million plus a potential £3 million earnout. BPX will operate as a standalone entity within RS Group, enhancing its automation and control segment, which represents over 40% of RS Group's revenues. The deal, reflecting a 10x EBIT multiple for BPX, aims to accelerate revenue growth and improve technical capabilities in the UK and Ireland markets.
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RS Group PLC has acquired BPX Group Ltd, an industrial automation and control products distributor with approximately 230 employees, for £27 million on a cash- and debt-free basis, plus a potential deferred earnout of £3 million tied to BPX's performance in 2026. The acquisition is intended to strengthen RS Group's existing capabilities in automation and control, which represent more than 40% of its revenues. BPX will function as a standalone business, leveraging its technical expertise alongside RS Group's scale and reach to identify new market opportunities and enhance product availability.
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