Arbuthnot Commercial ABL backs European Slate Company acquisition

Arbuthnot Commercial Asset Based Lending (ACABL) has provided a new cash flow loan facility to support the acquisition of European Slate Company (ESCO) by Euston Ventures, marking the second transaction completed between the two firms.

The funding follows a previous acquisition supported by ACABL in 2025 and reflects Euston’s continued investment strategy focused on manufacturing, industrial and product distribution businesses.

Founded in 2002, European Slate Company is a leading supplier of roofing slate to building and roofing merchants across the UK. Headquartered in Southampton, the business offers a broad range of natural slate products sourced from Spain, Brazil and the UK, serving customers nationwide.

The new funding package enabled Euston Ventures to complete the acquisition while also providing a platform to support ESCO’s future growth ambitions under its new ownership.

The transaction comes at a time when demand for housing and construction materials remains a key focus across the UK, positioning ESCO to capitalise on opportunities within the roofing and building products market.

“Euston has a genuine passion for manufacturing, industrial and product distribution businesses. With continued emphasis on increasing UK housing stock, European Slate Company is well placed to further strengthen its leadership position during what are set to be exciting times ahead.”

Euston Ventures highlighted the strength of its existing relationship with ACABL as a key factor in the transaction.

A spokesperson for Euston Ventures said: “This is the second transaction Arbuthnot has supported us with, and they were a natural partner for this deal. They understand Euston extremely well and have once again demonstrated how responsive, flexible and easy to work with they are.”