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Avingtrans subsidiary Hayward Tyler Fluid Handling acquired certain assets of Slack & Parr from administration, plus its US and Asian subsidiaries, for a total consideration of GBP 4.9 million.
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.
Avingtrans subsidiary Hayward Tyler completed the purchase of certain Slack & Parr assets from administration, plus its US and Asia subsidiaries, for up to £4.9m at Kegworth, Derbyshire.
