RS Group

RS Group has announced its acquisition of BPX Group, a specialist distributor of industrial automation and control products. The deal will see BPX become part of the RS Group. A compelling strategic and commercial fit As a result of this acquisition, BPX is now part of a global organisation with circa 8,500 employees, serving millions

RS Group has reported a like for like 1% revenue decline to £1.4 billion for the half year, in line with expectations. Profit before tax advanced 7% to £112 million. The Group reported growth in Q2 and a 0.4% increase in gross margin. RS Group CEO Simon Pryce commented: “I’m pleased our performance in the