Our strategy is to create Shareholder value through organic growth and additionally by way of carefully targeted acquisitions. Our acquisition strategy is to acquire complementary businesses operating in specific channels; highly focused, commercially independent operations delivering quality customer service at all times.

The typical criteria our experienced strategic Acquisitions team look for include:

  • Fluid power based businesses which fit with the channel strategy
  • Strategic in terms of geography or sector
  • Technically biased to extend the Group offering
  • Strong business leadership
  • Specialist knowledge and skills

Acquisitions team

(from left to right) Chris Kershaw, Mark Milligan, Anne Fogg and Russell Cash

During the due diligence process the team are supported by professionals from the following organisations:

  • Legals – DLA
  • Tax, Accounting and Financial Due Diligence – KPMG, Grant Thornton, PwC HR and Management Consulting – Collinson Grant and Mercer
  • Insurance – Marsh

The immediate post integration team covers Business Process, IT and Financial Control, with follow-on work undertaken in Corporate Governance, Risk Management and Business Continuity Planning. This entire process is structured under a "100 Day" project management philosophy led by the CFO.

Acquisitions to date

Since our formation in May 2014, the Group has acquired 12 businesses. Many of the businesses acquired have been a result of owners seeking to retire while ensuring the legacy of their business continues. Most have continued to work for the Company for a transition period to support and train their successors. Some have been invited back to be part of our mentoring programme. We aim to maintain each new business’ position in the market, protecting relationships with its customers and major suppliers. All businesses within the Group benefit from a decentralised structure, giving Profit Centre management significant entrepreneurial autonomy, with support from various light-touch centralised support functions. Read more about each Brand on Our Businesses.

Date acquired Company acquired Components division brand Services division brand

March 2020

Weltac Limited


March 2018

Balu Limited


Derek Lane & Co


October 2017

Group HES Limited

Hydraulic Equipment Supermarkets


Branch Hydraulic Systems



September 2017


Hydroflex Hydraulics


July 2017

Orange County Limited


Orange County UK

June 2017

Hi-Power Limited



January 2017

HTL Limited



July 2016

Triplesix Limited



March 2016

Hydravalve Limited



February 2016

Indequip Limited



July 2015

Nelson Hydraulics Limited and Nelson Fluid Power Limited

Nelson Hydraulics Ireland

Nelson Hydraulics UK


May 2015

Albroco Limited

Dormant absorbed into Primary Fluid Power Components


August 2014

Primary Fluid Power Limited

Primary Fluid Power Components

Primary Fluid Power Systems