# Avingtrans acquires pump maker Slack & Parr for £2.6m, saving 100 jobs

Avingtrans plc has acquired Derby-based pump manufacturer Slack & Parr for a total consideration of £2.6 million after it entered administration. The deal will save 100 skilled jobs across its facilities in Kegworth, the USA and Asia.

- Type: Acquisition
- Announced: 2023-08-08
- Where: Kegworth, Derby, United Kingdom
- Value: $3.30M (2.60M GBP)
- Jobs: 100
- Status: completed
- Products: gear metering pumps, hydraulic flow dividers, industrial pumps
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Avingtrans](https://endata.com/companies/1681.md) (acquirer)
- [Hayward Tyler Fluid Handling](https://endata.com/companies/6716.md) (acquirer)
- [Slack & Parr](https://endata.com/companies/10772.md) (target)

## Sources

- [shma.co.uk](https://www.shma.co.uk/our-thoughts/avingtrans-aquires-slack-parr/), 2023-08-08: "Avingtrans plc has acquired Derby-based pump manufacturer Slack & Parr for a total consideration of £2.6m, with our support."
- [slackandparr.com](https://www.slackandparr.com/about-us/news/2023/11/07/kegworth-based-world-leading-engineering-firm-slack-parr-stronger-and-more-resilient-following-industry-acquisition/), 2023-11-07: "Joining the Avingtrans group of companies has enabled us to secure the employment of 100 highly skilled and valued staff."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.