M&A Deal Summary

Flowtech Fluidpower Acquires Group HES

On October 12, 2017, Flowtech Fluidpower acquired distribution company Group HES for 4M GBP

Acquisition Highlights
  • This is Flowtech Fluidpower’s 5th transaction in the Distribution sector.
  • This is Flowtech Fluidpower’s 2nd largest (disclosed) transaction.
  • This is Flowtech Fluidpower’s 5th transaction in the United Kingdom.

M&A Deal Summary

Date 2017-10-12
Target Group HES
Sector Distribution
Buyer(s) Flowtech Fluidpower
Deal Type Add-on Acquisition
Deal Value 4M GBP

Target

Group HES

Gloucester, United Kingdom
Group HES Ltd is a supplier of hydraulics and control equipment worldwide. Group HES are specialists in designing, building, installing, commissioning and repairing fluid power and control systems. As a supplier and stockholder of hydraulic components on a 24/7 next day delivery service its end markets include agriculture, brewing, construction, waste, wind turbines and wind farms and specialist engineering projects.

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Buyer(S) 1

Buyer

Flowtech Fluidpower

Wilmslow, United Kingdom

Category Company
Founded 1983
Sector Distribution
Employees582
Revenue 107M GBP (2024)
DESCRIPTION

Flowtech Fluidpower is a distributor of pneumatic and hydraulic products in the UK through its catalogue and website. Flowtech Fluidpower was incorporated in 1983 and is based in Wilmslow, United Kingdom.


DEAL STATS #
Overall 5 of 5
Sector: Distribution M&A 5 of 5
Type: Add-on Acquisition M&A Deals 5 of 5
Country: United Kingdom M&A 5 of 5
Year: 2017 M&A 3 of 3
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-23 Hi-Power Group

Stockport, United Kingdom

Hi-Power Group is a distributor of hydraulic equipment components and, systems design & build predominantly to the mobile and transport sectors. The business started in 1977 in Cork and established itself a market leader in the HGV & Trucks components sector before, exploiting its solid-built reputation to extend activities in 1985 into general hydraulics for all industries including industrial, mobile, marine, construction and agriculture. With its growing business it expanded its operational footprint, and by 1995 also opened facilities in Dublin and Belfast (NI). Continuing its expansion, the business opened its first UK office, Hi-Power Hydraulics based in Stockport.

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