RNS REACH NEWS RELEASE

Issued on behalf of Flowtech Fluidpower plc

Tuesday, 22 July 2025

Flowtech Fluidpower plc

("Flowtech," or "the Company")

Flowtech continues to make progress

in winning new customer and supplier agreements to help power growth

Flowtech is pleased to announce the following business wins. These achievements are a testament to the knowledge and expertise of Flowtech's specialist engineering and commercial teams, which draws in the skills from around the business to tender and secure new customer and supplier partnership opportunities that will assist to enhance the reputation and underpin the future growth of the Company.

Proposed finalised design for Narrow Water Bridge

Flowtech has successfully secured a new prestigious €4.5 million contract on the Narrow Water Bridge. The iconic project will feature a 195-metre cable-stayed and moveable span bascule bridge construction to allow maritime access to the Newry Canal. This key piece of infrastructure is also designed to accommodate vehicles, cyclists and pedestrians, connecting Cornamucklagh near Omeath, Co. Louth with Narrow Water near Warrenpoint, Co. Down, thereby creating an important link between the Republic of Ireland and Northern Ireland, and symbolising co-operation and connection between communities.

The Bridge is set to commence construction in Q3 2025 and will take 24 months to complete. Flowtech will support the Mechanical, Electrical, Instrumentation, Control, and Automation (MEICA) elements, as well as any Hydraulic needs identified during the project.

Flowtech is proud to be collaborating with a range of partners on the construction team including Louth County Council, Roughan & O'Donovan, H&H, Demako BV, BAM UK & Ireland and Aelterman BV. Funding for the project is through the Government's Shared Island Fund. The interest and support from Taoiseach Micheál Martin and Minister for Housing, Local Government and Heritage, James Browne TD also emphasises how important and transformative the finished project will be for the area in the future.

Flowtech has become the first UK wholesale distributor for SMC Corporation (UK) Limited, the UK and global market leader in fluid control and automation technologies. Together, we are setting a new standard in service and supply for UK industry.

The partnership agreement signed this month adds a powerful channel for customers of both businesses to secure the right solution for their needs, with the minimum lead time. It will also enable a wide selection of parts from SMC's standard selection to become available to order and ship from Flowtech's HQ and Global Fulfilment Centre in Skelmersdale, Lancashire, making it easier for UK industry to source tried and trusted fluid control solutions from one location. In addition, Flowtech's customers will gain access to experienced design and engineering staff who can provide technical advice across a wide variety of industry sectors, and aftermarket service of SMC stocked products. Customers of both organisations will also benefit from country-wide coverage backed up with the vast experience and sector specialisms that both SMC and Flowtech can offer.

Photo shows: Mike England (third left), with General Manager of SMC in the UK, Nick Pittwood (far right) at SMC's UK facility in Milton Keynes

The Company is pleased to announce that its trading business Thorite has re-partnered its 45-year association with HPC Compressed Air Systems following its appointment as an officially authorised distributor of HPC's Compressed Air Equipment. HPC has over many years built a strong reputation for providing KAESER KOMPRESSOREN products, a brand renowned for being one of the world's leading manufacturers and providers of compressed air products, services, and technology to the UK's most respected manufacturing companies and with applications across the broader industrial market sectors.

This renewed partnership provides an excellent foundation to build upon which will deliver notable success and momentum to both businesses and customers. It also re-positions Thorite within Flowtech's capital equipment offering and service capabilities, providing market-leading solutions that will support the business' next phase of exciting growth.

With access to HPC's quality range of equipment, advice, and parts Thorite will be able to provide an enhanced service, support, and solutions offering.

Photo shows: Mike England (middle) Jason Morgan, CEO HPC  (second left)

Commenting on these developments, Mike England, Flowtech Group CEO, said:

"I am immensely proud of the team's achievements on these and other projects which we are currently working toward. As One Flowtech, we were selected for our top-tier distribution expertise combined with leading product and engineering innovation, ensuring timely access to high-performance solutions wherever needed. 

"Flowtech continues to be the first choice for major infrastructure projects and our involvement in the Narrow Water Bridge project is testament to our unrivalled expertise as a specialist in MEICA and Hydraulics and coupled with our knowledge in bridge design and repair makes Flowtech the perfect match for this project. This success follows on from the recent €4.5m contract win last month to upgrade Rice Bridge in Waterford City, Republic of Ireland.*

"I am looking forward to following the progress of all these collaborative projects as we move forward."

EDITORS NOTE:

Flowtech Fluidpower plc (AIM:FLO), is the largest supplier of fluid power products, systems and solutions across the UK, Ireland, and Benelux. As a specialist with over 40 years of experience working across a wide range of industries, we have the expertise and experience our customers need to help them minimise downtime, optimise performance and maximise the lifespan of operations. Today, the Company is a strong market leader in a highly fragmented £30bn European market. We work across virtually all industry sectors, serving the needs of our customers who are designing, building, maintaining, and improving industrial plant, equipment, and operations.

Our aim: is to provide our customers with power, motion & control solutions, from a single component to integrated engineering systems, in the most cost-effective way, harnessing the best global brands & products, services and engineers in the market.

To read more about:

Flowtech Group, please visit: www.flowtechfluidpower.com.

*  news-article/FLO/flowtech-wins-waterside-city-bridge-contract