Flowtech buys out struggling rival Thorite to boost UK expansion Industrials Fluid power products supplier, Flowtech, has struck a £350,000 deal to acquire the struggling pneumatics and fluid products provider Thorite. The London-listed firm, which is headquartered in Flookburgh, Cumbria, said the acquisition would bring “significant benefits” including better operational efficiency, cost savings, and improved profit margins. It added that Thorite’s existing locations would help Flowtech [...]
