spot_img

Container handling declines by...

Transnet is currently under significant scrutiny due to the recent Container Port Performance...

Dp World Opens World-Class...

DP World is pleased to announce that its Market Access Consumer business, Deep...

Navigating Kasumbalesa: Alistair Group’s...

The Kasumbalesa border post, a vital gateway for cross-border trade between Zambia and...

Integrated Pump Technology to...

Integrated Pump Technology, a leading provider of pump solutions to the mining industry,...
HomePETROCHEMICALSHayward Tyler acquires...

Hayward Tyler acquires Slack & Parr assets from administration

lack & Parr is a family-owned manufacturer of specialist pumps and a supplier of high-precision gear metering pumps, hydraulics flow dividers and industrial pumps to customers around the world. Founded in 1917, Slack & Parr operates from a 64,000 sq ft state-of-the-art manufacturing facility in Kegworth, Derbyshire, UK. The business also has facilities in Charlotte, North Carolina, USA and Shanghai, China. The acquisition has secured the employment of 100 skilled employees.

Slack & Parr entered into administration on 3 July 2023, following ongoing losses and funding issues.

“We are pleased to have completed this acquisition, which brings another globally-respected, British heritage brand under the direction of the Avingtrans team,” said Austen Adams, divisional managing director at Avingtrans. “The sorts of challenges this business has faced are familiar to us and we are experienced in resolving them, having successfully turned around other businesses under similar circumstances. Slack & Parr’s global footprint, combined with its well-invested operational capability, powerful brand, highly skilled workforce and large installed base provide a great opportunity to re-establish the business on a firm footing going forward.”

Edward Barrington, managing director of Slack & Parr, added: “We are delighted to be part of Avingtrans and eagerly anticipate the opportunities this partnership will unlock for the business. Together, we are confident we can build on our heritage of precision engineering and continue to provide our clients with the quality and reliability they have come to expect from us.”

Get notified whenever we post something new!

Continue reading

Container handling declines by 30.3% at South African ports in a single week

Transnet is currently under significant scrutiny due to the recent Container Port Performance Index (CPPI) which ranked South Africa’s ports among the lowest of 405 evaluated worldwide. The challenges faced by the country’s ports have been further exacerbated by...

Dp World Opens World-Class Cold Storage Facility In Lusaka, Zambia

DP World is pleased to announce that its Market Access Consumer business, Deep Catch Group, has opened a world-class cold storage facility, Lusaka Commercial Cold Store (LCCS), in Lusaka, Zambia. The LCCS is a groundbreaking project that is set...

Navigating Kasumbalesa: Alistair Group’s Strategic Solutions

The Kasumbalesa border post, a vital gateway for cross-border trade between Zambia and the Democratic Republic of Congo (DRC), has been experiencing significant challenges. As a key logistics provider across Sub-Saharan Africa, Alistair Group is committed to transparency and...
spot_img