Established for over twenty-six years, B&D Plastics has built a solid reputation in the the distribution of fluid management and control products.

This acquisition aligns perfectly with Flowmax’s strategy, as the newly acquired businesses fit within the company’s core range of medium technology products. The move not only enhances Flowmax’s presence but also opens doors to new customer segments, promising continued strong growth and high cash generation.

The owners of B&D Plastics are committed to the business and motivated to drive its growth even further. Their willingness to stay on after the acquisition signals a strong partnership potential. “We are pleased to partner with the Team at B&D Plastics. They have built a great business over the last twenty-six years and trade in segments where we are keen to build our activities,” stated Graham Morrell, Flowmax’s CEO. He expressed enthusiasm for the expertise and passion of the B&D team, highlighting the mutual benefits of this collaboration.

The synergy between B&D Plastics and the Flowmax Group is expected to foster innovative solutions and enhance the offerings to their valued customer base. As both companies embark on this new chapter together, the future looks promising for continued success and market expansion.

More information about the company can be found here: https://www.bdplastics.co.uk/

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The purchase was made by US fluid handling solutions company OPW who will now manufacture the patented VisiLevel system at its facility in Nieuw-Vennep, the Netherlands further expanding its fluid transfer product and technology offerings.

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Essco offers engineered offsite heating, hot water and electrical prefabricated solutions to suit its customer’s technical requirements and budgets with standardised and bespoke designs.

Matt Lowe, Commercial Director at Essco comments, “This acquisition allows us to further strengthen the products and support we can give to our heat network and industrial heat recovery customers. Specifically, it allows us to design and build prefabricated plant rooms as well as prefabricated utility cupboards”.

Paul Rees who has joined Essco with YG Prefab said “This a fantastic pairing with the Essco range of energy efficient products”

For more information please contact Paul Rees and the team on 01633 848080 or email paul.rees@esscoprefab.co.uk

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Flowmax announced today the acquisition of Buckley Industrial Ltd by the Flowmax Group company Action Sealtite Ltd. Buckley Industrial, based in Wales was established in 1990 and specialises in the manufacture, inspection and testing of flexible hose assemblies for the power generation, chemical, food processing, paper and petrochemical industries throughout the UK, Europe and recently projects in the Far and Middle East.

The acquisition is aligned with Steve Dransfield, the founding owner’s plans for the retirement. For Steve it was vital that his retirement and the associated equity release would still provide stability for Buckley’s employees and continue to support the established customer base.

Buckley industrial will continue to operate as an independent subsidiary of Action Sealtite and will retain its management team and provide continuity for the business, staff and customers. The Action Sealtite product range fits well with the products and services provided by Buckley offering a number of synergistic benefits to both organisations.

More information about the company can be found here: https://www.buckley-industrial.co.uk/

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Flowmax announced today the acquisition of a majority holding in the shares of Southampton based Essco Controls Ltd. Essco Group designs green-energy focused products for the heating, ventilating, air conditioning and process industries with market leading energy efficient products and systems.

This acquisition supported the long term aim of Richard Stammers, Essco’s Managing Director and founding owner to reduce his shareholding whilst continuing to lead the business. Richard wanted to free up some of his equity in the business but wasn’t planning on retiring in the short term being a younger man in his 40’s.

It was important for Richard to be at helm of the business supported by his chosen management team. Flowmax enabled two of Richard’s directors to personally buy-into the business which retains the established senior management team. This also provides continuity for the business and staff as an independent company within the Flowmax group.

Essco is firmly committed to a green energy focus. This sits well with Flowmax’s vision to build its up environmentally sound portfolio. Flowmax sees the acquisition as a positive step towards supporting companies working to reduce energy use, while continuing its focus on fluid control and management products.

More information about the company can be found here: https://esscogroup.co.uk/

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Flowmax announces the acquisition of OLE based in Chichester by Hytek, who are part of the Flowmax group. OLE manufacture and own the IP for:

• Tank gauging
• Level indicators
• Alarms
• Web monitoring systems for storage tanks – used for day tanks, bulk tanks, water, oil and fuel supplies.

The acquisition supported Nick Lambourn, the founding owner and Managing Director’s long term plan to reap the rewards of the strong brand he had built from the ground up. This also enables him to take a step back to a semi-retired role. The move now frees him up to focus his energy on the design and development of new innovative products – potentially adding to OLE’s market leading portfolio and providing continuity in product development.

Nick said:

“Hytek was an ideal partner in both having a deep appreciation of my personal objectives but also in being a good fit to launch our products to new and wider markets. The new role strikes the perfect balance of having enough freedom to continue in what I love working on – improving and developing new products but also to design and set my ideal retirement roadmap.”

Hytek, located near Stanstead airport, has been a supplier of fuel equipment and lubrication equipment since 1985 and will incorporate the OLE range into its set of core products. By using its strong sales and marketing functions, Hytek’s vision is to push the OLE product range to a much wider global market.

More information about the company can be found here: http://www.oleuk.com/

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Flowmax announces the acquisition of further shares in Petroy BV by the Flowmax Group Company Hytek (GB) Ltd. Petroy based in the Netherlands, supplies products for the petroleum equipment and automotive service industries including key brands such as CimTek filters, Stokair Gripper tyre inflators and Maximus equipment.

Anthony Verhulst founded Petroy building the business from the ground up. He says:

“I built Petroy as an International Trading company specialised in engineering and marketing of innovative technical products. The combination of innovation coupled with international marketing is both challenging and exciting. After over 25 years of accomplishments for Petroy, I was looking for a ‘guardian’ to keep the legacy running and we found Hytek the ideal safe harbour to assure continuity for the long term.”

The stakeholders are enthusiastic about the synergies offered by Petroy which has become a proud member of the Hytek Group of companies. The purchase of shares facilitated the retirement aims of entrepreneur Anthony Verhulst enabling him to reduce his shareholding in steps as part of a longer-term succession plan. In negotiating the original agreement with Hytek, Anthony was clear in that up to his retirement he would continue to contribute to and share in the profits generated by his business with a clear exit path laid out over a prolonged period.

Petroy will continue to operate as an independent company within the Hytek Group and will also offer Hytek a sales and warehousing base outside of the UK.

More information about the company can be found here: https://www.petroy.com/

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