Leicestershire-based engineering firm Slack & Parr has moved to a new headquarters following a multi-million pound loan.

ASG provided the facility to enable the move to Kegworth, as well as the costs of fitting out the new premises.

Formed in Kegworth over a century ago, Slack & Parr manufactures custom precision gear pumps.

Edward Barrington, Managing Director of Slack & Parr said: “Slack & Parr is committed to providing our customers with excellence and efficiency, and this state-of-the-art facility will ensure that we are more than capable of doing that for years to come. to come. Everyone in the company is extremely excited about the move into our new home, and on behalf of the whole team, I would like to thank ASG for their support in this project.

Mark Heyes, Lender and Business Developer for ASG Finance, added: “We are very happy to see that Slack & Parr has moved into its new headquarters and it has been a pleasure to lend a hand over what is always an exciting and stimulating process. We wish them the best for the future in their new premises and look forward to new opportunities to help companies looking to grow and invest in their future.

“I would also like to thank Dave Chapman of Midlands Asset Finance for the presentation of Edward and his team.”