Flowtech has announced that it has acquired Hi-Power Limited, a distributor of hydraulic equipment components and systems design and build, serving the mobile and transport sectors across Eire and Northern Ireland. The acquisition strengthens the group’s Power Motion Control (PMC) division, deepens technical expertise and expands its core product offering, as well as establishing relationships with key European suppliers. This deal is the first acquisition since the Group’s £
23 Jun 2017
Acquisition of Hi-Power Limited
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Acquisition of Hi-Power Limited
Flowtech Fluidpower plc (FLO:LON) | 97.5 -0.1 (-0.1%) | Mkt Cap: 60.0m
- Published:
23 Jun 2017 -
Author:
Andy Hanson -
Pages:
8
Flowtech has announced that it has acquired Hi-Power Limited, a distributor of hydraulic equipment components and systems design and build, serving the mobile and transport sectors across Eire and Northern Ireland. The acquisition strengthens the group’s Power Motion Control (PMC) division, deepens technical expertise and expands its core product offering, as well as establishing relationships with key European suppliers. This deal is the first acquisition since the Group’s £