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Flowtech Fluidpower Plc

Flowtech Fluidpower Plc

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Flowtech Fluidpower plc (LON:FLO) is a unique Group of fluid power specialists supplying hydraulic and pneumatic components and services for industry.

Flowtech Fluidpower is the vital supplier of fluid power products and solutions used in multiple industries across the UK and northern Europe. Our proven ‘buy and build’ growth strategy, creates significant value and return for our shareholders.

Our Group

We are a fast-moving, fast-growing Group of fluid power specialists. Working in partnership with customers and suppliers, we deliver essential components, custom solutions and high-quality servicing support. Through efficiency in operations and maximising business synergies, we are able to sustain healthy organic growth and operating margins.

29 Locations

573 Employees

250+ Superior brands

Our divisions

Previously three divisions, we have now transitioned to two divisions, to ensure that we provide the most appropriate structure for the business to extract synergy, both in cost and working capital and to provide a clearer picture of the Group’s activities.

Fluid power uses fluid, either hydraulic liquid (oil or water) or pneumatic gas (compressed air) under pressure to generate, control and transmit power

How the Group is split

Revenue Gross Profit
Components 87% 89%
Services 13% 11%

Components

Supply of both hydraulic and pneumatic consumables, predominantly through distribution for maintenance and repair operations across all industry markets, but supported by supply agreements direct to a broad range of OEMs. Consistent operational high margin revenue.

Strengths

  • Consistent cash generator, high profits
  • Widest set of leading brands from extensive stock inventory
  • Purchasing synergies through common product set
  • Essential urgent delivery, critical for MRO market
  • Supply chain consolidation for suppliers and customers
  • Added value customer services

Services

Bespoke design, manufacturing, commissioning, installation and servicing of systems to manufacturers of specialised industrial and mobile hydraulic original equipment manufacturers (OEMs) and additionally a wide range of industrial end users. Capital project-based revenue.

Strengths

  • Working in partnership with suppliers and customers on large industry projects with cross-sell opportunities for the Group and additionally ongoing repeat business for components division
  • Bespoke assembled customer solutions and deep technical support
  • Installation, commissioning and local servicing
  • Leading manufacturer brands in system builds

The business enjoys a diverse customer base

The Flowtechnology divisions are not overly exposed to any one customer and offers an unrivalled range of Original Equipment Manufacturer (OEM) and Own Brand products to c.3,000 distributors and resellers via a fully integrated bespoke online trading platform and IT system.

The industry’s leading catalogue

The Flowtechnology catalogue is recognised as the definitive source for fluid power products, containing more than 52,000 individual product lines, and is distributed to more than 85,000 industrial Maintenance, Repair and Overhaul end users (MRO).  Over 80% of product is stocked and ordered by 10pm, can be delivered next-day in the UK, providing ‘best in industry’ service offering.


Flowtech Fluidpower Plc Board Members

BRYCE BROOKS - CHIEF EXECUTIVE OFFICER
RUSSELL CASH FCA - CHIEF FINANCIAL OFFICER AND COMPANY SECRETARY
MALCOLM DIAMOND MBE - NON-EXECUTIVE CHAIRMAN
NIGEL RICHENS - NON-EXECUTIVE DIRECTOR AND SENIOR INDEPENDENT DIRECTOR
BILL WILSON - NON-EXECUTIVE DIRECTOR

Company website for Flowtech Fluidpower Plc

http://www.flowtechfluidpower.com/