Highlights

  • SDI shares climbed 3.70% on 13 February 2026, extending one-year gains to 41.18%.
  • The Group acquired PRP Optoelectronics for a net consideration of GBP 9.3 million.
  • Acquisition marks SDI’s entry into the aerospace and avionics markets.
  • PRP will join SDI’s Industrial & Scientific Sensors division
  • The deal is expected to be earnings enhancing in the first full year of ownership.

SDI Group PLC (AIM:SDI) shares increased 3.70% to GBX 84 during the morning session on 13 February 2026, extending the stock’s one-year rise to 41.18%. The gain follows the Group’s announcement of acquiring PRP Optoelectronics Ltd, a move marking SDI’s entry into the aerospace sector and adding a portfolio of microLED and LED light engine solutions.

Expanding SDI’s Industrial & Aerospace Reach

SDI Group has acquired PRP Optoelectronics Ltd for a net consideration of GBP 9.3 million, marking a strategic step into the aerospace sector. The deal positions SDI in a high-value, technical niche, with PRP supplying LED components to key defence and aviation programmes, including the Eurofighter Typhoon, F-16, and F-22 Raptor. By integrating PRP into its Industrial & Scientific Sensors division, SDI broadens its exposure to specialised markets where precision and custom solutions are critical.

This acquisition not only extends SDI’s product portfolio but also reinforces its buy-and-build growth strategy. PRP’s microLED and LED light engines complement SDI’s existing offerings alongside Graticules Optics and MPB Industries, creating a more comprehensive suite of technical solutions for aerospace, defence, and industrial applications. The deal is expected to be earnings enhancing in the first full year, reflecting the commercial and operational potential of bringing PRP under SDI’s ownership.

PRP’s Technical Expertise and Market Reach

PRP Optoelectronics designs and manufactures custom high-performance microLEDs, LED light engines, and monolithic LEDs for avionics, defence, and industrial applications. The company provides complete in-house solutions from semiconductor wafer processing to final system assembly, enabling bespoke products for avionics displays, thermal imaging, and water and air purification systems. Its long-term agreements and blue-chip international customer base support revenue visibility.

Acquisition Details and Operational Snapshot

PRP generated GBP 5.99 million in revenues and GBP 1.54 million in EBIT for the year ended 31 December 2025 (unaudited management accounts).  PRP employs 33 staff at its 20,000 sq ft Swindon facility, with key management continuing in full-time roles.

The acquisition consideration includes GBP 11.3 million cash paid on completion and GBP 0.8–0.9 million deferred cash, funded via SDI’s revolving credit facility with HSBC UK Bank.

FAQs

How much did SDI pay for PRP Optoelectronics?

The net consideration for PRP Optoelectronics was GBP 9.3 million.

What is the strategic significance of this acquisition?

PRP’s products provide SDI entry into aerospace and avionics markets with established international customers.

Will PRP’s management remain after acquisition?

Yes, PRP’s Managing Director and Technical Director will continue in full-time roles.