Mentioned Flowtech #FLOW y'day, here they are with an acqn of Thorite Group for £350k from administrators. Good fit,, got a debtor book worth £2.8M in return for repaying debtor finance of £1.7M, to share excess recoveries. Postponing interims until no later than 30/09. Mention *strong headwinds*.

Note that it’s #FLO.L.

#FLOW FLOW.L - Looks a decent acquisition if some common costs can be eliminated and the bottom line boosted. "the Board expects profitability to be restored in the first full year of ownership with the associated benefits to Group earnings"

That should be #FLO as the ticker for Flowtech Fluidpower. I do wonder with the mention of strong headwinds and postponement of interims how those interims might look - they say they want to focus on the acqn and give shareholders more insight into strategic benefits.