Thursday, June 17, 2021

New HQ for engineering firm as multi million-pound loan facility secured

Following support from ASG Finance, Leicestershire-based engineering firm Slack & Parr has now relocated into brand-new headquarters.

ASG provided a multimillion-pound loan facility to enable the move, as well as helping with the costs of fitting out the new premises, and the manufacturer is currently on track to relocate at the end of February.

Formed in the village of Kegworth over a century ago, Slack & Parr has become a leader in the manufacturing of custom precision gear pumps.

Edward Barrington, Managing Director of Slack & Parr Ltd., said: “Slack & Parr are committed to providing our clients with excellence and efficiency, and this state-of-the-art facility will ensure that we are more than capable of doing so for years to come.

“Everybody at the company is hugely excited following the move into our new home, and on behalf of the whole team I’d like to say thank-you to ASG for providing their support on this project.”

Mark Heyes, ASG Finance’s Lender and Business Developer, said: “We’re very happy to see that Slack & Parr have moved into their new headquarters and it’s been a pleasure to lend a helping hand during what is always an exciting and challenging process.

“We wish them all the best for the future in their new premises and look forward to further opportunities to assist businesses looking to expand and invest in their futures. I’d also like to thank Dave Chapman at Midlands Asset Finance for the introduction to Edward and his team.”

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