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Birmingham Post

Business

Jon Robinson

Acquisitive group itself bought by international giant in deal worth about £100m

Chris Ford RG Diploma

An acquisitive Lancashire-headquartered group has itself been snapped up by an international giant in a deal worth in the region of £100m.

R&G Fluid Power, which is headquartered near Preston, has been bought by Diploma plc.

The firm is a distributor of a range of industrial, hydraulic and pneumatic products and was originally established in 2000 by Chris Ford as Millennium Coupling Company.

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