Multi-million pound acquisition for Flowtech as first half revenues rise 25%
West Lancashire-based technical fluid power products supplier Flowtech Fluidpower’s first half revenue have risen 25% while the group also announced it has boosted its process division through the acquisition of Orange County (OCL) in a £12.2m deal.
The AIM-listed company has swooped for OCL, a UK supplier and distributor of products for the storage and movement of fuels, liquids and gases.
OCL was founded in 1994 and employs in 18 staff at its site in Spennymoor, County Durham. It will operate as an independent sister comp... 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...
