No recommendation
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.
(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 Irelandbased specialist distributor.
RS Group said the deal was valued at 27m on a cash and debtfree basis, plus a deferred earnout 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
The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.