Despite its use in most industrial applications, fluid power is a relatively niche industry and retaining and sharing knowledge across the business is critical for our survival and growth.
We buy reputable businesses; proven performers with strong links to product brands, established relationships with customers and most of all leaders and teams with knowledge and experience of the market.
Earn-out acquisitions present a suitable opportunity to learn about each business while capitalising on the additional revenue generated. Following this period, the Board has been keen to retain key personnel in the business and in 2018 set up a mentoring programme.
Flowtech Fluidpower PLC (LON:FLO) is a leading specialist in fluid power products and solutions. Through hydraulics, pneumatics and associated industrial products, they focus on moving liquid, gas or air to generate power which keeps industry moving.