Flowtech Fluidpower plc

Flowtech Fluidpower plc operates as a specialized distributor of engineering components and assemblies, with a strategic focus on the fluid power industry across Europe. The company was founded in 1983, establishing a foundation in the distribution of hydraulic and pneumatic components. A significant milestone in its history was the Initial Public Offering (IPO) on the AIM market of the London Stock Exchange in 2014, which provided the capital for an ambitious buy-and-build growth strategy. This strategy has seen the company acquire numerous smaller, specialized businesses, broadening its technical expertise and market reach.

The business is structured into three primary divisions: Flowtech, Fluidpower Group, and Fluidpower Group - Services. The Flowtech division functions as the core distribution arm, supplying a vast catalogue of over 145,000 individual product lines from leading brands as well as its own branded products. Its clients are primarily industrial and mobile original equipment manufacturers (OEMs) and end-users who require prompt delivery of components for MRO (maintenance, repair, and overhaul) activities. The business model for this division is centered on high-volume, transactional sales facilitated by extensive stockholding and efficient logistics, including a next-day delivery promise for a significant portion of its inventory.

The Fluidpower Group division offers more technical, value-added services. It provides custom design and assembly of hydraulic systems and power packs, tailored to specific customer requirements. This division serves a similar client base of OEMs and end-users but engages in more complex, project-based work, which involves a deeper level of engineering expertise and longer sales cycles. Revenue is generated from the sale of these bespoke systems and engineered solutions.

The third division, Fluidpower Group - Services, focuses on the MRO market, offering on-site hose replacement, component repair, and other fluid power-related services. This division operates through a network of mobile service vehicles and local service centers, providing rapid response to minimize customer downtime. This service-oriented model generates recurring revenue streams from maintenance contracts and emergency repair call-outs, serving industries where hydraulic and pneumatic systems are critical to operations, such as manufacturing, construction, and agriculture.

Keywords: fluid power, hydraulic components, pneumatic systems, engineering distribution, MRO services, industrial components, power transmission, system design, mobile hydraulics, AIM listed