A pivotal position

The IPO represented a major milestone in Flowtech's development with the move from private equity to public company status, a memorable and huge step forward for us all

Sean Fennon

Chief Executive Officer

Flowtech Employee

This fundamental change in both ownership and financial structure has allowed the business to concentrate on its growth strategy as outlined in the admission document. The AIM market provides a platform for smaller companies like Flowtech who have aspirations to grow, to enhance our profile, and access new channels to support future development.

The focus on core competencies within the fluid power market has been central to supporting the long term strategy of the Group – these skills were boosted further in August with the acquisition of Primary.

The strategy of complementary acquisitions linked to organic growth will ensure Flowtech maintains its competitive advantage.

As a business we are in a unique position within the fluid power supply chain, as we are aligned to both the global supply base and its distributor network. This pivotal role has seen Flowtech develop, and market, an offering which matches the changing requirements of customers as well as delivering OEM brands, complemented by the Group's Exclusive Brands. The continuous product development programme, when coupled with necessary stock investment, gives the business strength and depth through wide product selection, thereby guaranteeing choice and availability is maintained at all times.