The projected fair value for Flowtech Fluidpower is UK£1.04 based on 2 Stage Free Cash Flow to Equity With UK£0.94 share price, Flowtech Fluidpower appears to be trading close to its estimated ...

Flowtech will acquire Thorite’s equipment, vehicles, stock, and other assets. Additionally, Flowtech had paid off Thorite’s £1.7m debt in exchange for a debtor book valued at £2.6m.

AIM-listed Skelmersdale-based hydraulics business, Flowtech Fluidpower, has announced the £350,000 acquisition of Bradford’s Thomas Wright/Thorite Group, out of administration.

Flowtech is a fast-growing business, which has achieved an average rate of growth of 20 per cent each year in the last two years. Turnover is around é20m and the firm employs 108 people.

Skelmersdale, West Lancashire-based Flowtech, the listed fluid power supplier, has swooped to acquire Leicester company Beaumanor in a £10.2m deal. Beaumanor, which employs 44 people in Leicester ...