Flowtech acquires struggling pneumatics provider Thorite for £350,000

Fluid power supplier Flowtech has agreed a £350,000 deal to acquire the assets of pneumatics and fluid products provider Thorite, including equipment, vehicles, stock and locations, and has paid off Thorite's £1.7m debt.

“Flowtech will acquire Thorite's equipment, vehicles, stock, and other assets.”cityam.com

• 1 source
• cityam.comFlowtech buys out struggling rival Thorite to boost UK expansionAug 27, 2024

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