Acquisitive Flowtech splashes £3.5m in latest deal

West Lancashire-based technical fluid power products supplier Flowtech Fluidpower has bought a distributor of hydraulic equipment components for up to £3.5m. The AIM-listed company has bought Hi-Power Limited and the business and certain assets of Hi-Power Hydraulics, which distribute hydraulic equipment components and systems design & build to the mobile and transport sectors. Hi-Power, founded 40 years ago, employs in total 38 people across its sites in Cork, Dublin, Belfast and Manchester and has a turnover of around £7... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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