Flowtech - main distributors for Norgren, Festo & Rectus

COMPANY PROFILE


	THE COMPANY
	Flowtech is the leading catalogue distributor for Fluid Power and Pneumatic products in the UK and is celebrating its 25th anniversary this year. The company is a member of the Flowtech Holdings Group which now employs over 170 staff across it's sites in the UK and the Netherlands. Flowtech's mission statement is: "To achieve sector leading growth, focused on the distribution market, through a total commitment to providing outstanding customer service and innovative range development." There are 4 key elements of this mission, namely:
	SECTOR LEADING GROWTH
	The share holders of the business continue to be commited to developing the considerable potential that the Flowtech proposition addresses. This has required huge investment over a number of years in infrastructure and people resources as well as the inevitable investment in working capital. This has resulted in unrivalled growth in turnover over a number of years as illustrated in the table below: - During 2005 Flowtech Holdings incorporated Euro Plumbing Supplies, based in Birmingham into the group, extending its range of products into the gas and plumbing sectors. In 2007 Flowtech Holdings acquired Allfitt Flowtechnology, based in the Netherlands. This now gives us the opportunity to expand our business model directly into the European market.
	DISTRIBUTION FOCUS
	Our network of national independent distributors purchase personalised copies of the Flowtech catalogue, bearing their company details. We DO NOT sell directly to end users. This clarity of positioning in the market ia a key strategic differentiator.
	OUTSTANDING CUSTOMER SERVICE
	The Company's trading style proudly presents itself as 'No. 1 for Service . '. This is unquestionably the foundation of the business, and the basis on which Brian Readman, its founder, initiated the service culture 25 years ago. The base proposition is: Order by 10pm for next day delivery - an unbeatable service in the UK. Hand in glove with this proposition is a £6.5M stock investment to ensure products are on the shelf when required. It truly is a one stop sourcing operation providing huge benefits in terms of easy ordering, reduced processing costs and improved services. Flowtech's philosophy is one of providing choice. A range of carriage options is available including SAME DAY delivery and PRE 9am next day. Orders over £350 are carriage FREE. "A package of services which, simply, cannot be beaten."
	INNOVATIVE RANGE DEVELOPMENT
	The provision of customer choice manifests itself too in the product range with 70,000 lines available from 100,000 sq feet of warehouse space at sites in Skelmersdale. Furthermore, the company has access to well over 1,000,000 lines from its loyal supplier base. Customers have a wide choice of products from big profile manufacturers to unbranded products. Manufacturers currently reflected in the range include:- The company is commited to growing its product range each year. The 2008 offer has been increased by over 6,000 new lines and incorporates a number of new brands including: Eaton Walterscheid, George Fischer, Desouter, Sealey Automotive, Airtac Pneumatics and a full range of Personnel Protective equipment, including 3M, Timberland and Snickers. The vast product offer comes comes together in an annual catalogue of over 1000 pages, which is universally regarded as the: PREMIER CATALOGUE FOR THE FLUID POWER INDUSTRY IN THE UK The overwhelming majority of the catalogues in circulation are personalised with the Distributors details on the cover providing an unrivalled marketing platform for its core Distributor customer group.