European Slate Company acquired with support from Arbuthnot Commercial Asset Based Lending
Arbuthnot Commercial Asset Based Lending (ACABL) has delivered a new cashflow loan facility to European Slate Company (ESCO), supporting its acquisition by Euston Ventures (Euston). The transaction marks the second deal completed by ACABL for Euston, following a complementary acquisition in 2025.
Founded in 2002, ESCO is a leading supplier of high-quality roofing slate across the UK. The business is based in Southampton and supplies building and roofing merchants nationwide. ESCO differentiates itself through the quality of service and variety of product, which includes natural slate from Spain, Brazil and the UK.
The new facility not only supported ESCO’s acquisition by Euston but also provides a foundation for future growth as the business furthers its market-leading position under its new long-term ownership.
Scott Curley, director, Business Development, Arbuthnot Commercial Asset Based Lending Limited, said: “It is a pleasure to be supporting Euston once again on such a dynamic and well‑positioned business. 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 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.”