Flowfit (Harrier Fluid Power Ltd)

Flowfit (Harrier Fluid Power Ltd), a leading UK-based distributor and manufacturer of hydraulic components and systems, has been successfully acquired by Driveline Solutions, a business group of Sweden-headquartered Axel Johnson International. KBS Corporate Finance advised on the transaction.

Summary of transaction details:

• Value: Undisclosed
• Sector: Hydraulics, Fluid Power, Manufacturing, Distribution
• Advisor: KBS Corporate Finance
• Key Entities: Flowfit (Target), Driveline Solutions (Axel Johnson International) (Acquirer)
• Location: Ludlow, Shropshire, UK (Target); Sweden (Acquirer HQ)

Note: This acquisition represents a strategic move for Driveline Solutions to expand its footprint and capabilities within the UK hydraulics market, leveraging Flowfit's established customer base, technical expertise, and robust e-commerce platform to enhance its offerings across off-highway, marine, and industrial sectors.