European Slate Company Acquired by Euston Ventures

Euston Ventures Ltd has acquired Southampton-based European Slate Company Limited (ESCO), an importer and distributor of natural roofing slate. The deal was secured by corporate finance specialists Watersheds, and ESCO is positioned for expansion ahead of a recovery in the UK housing market.

ESCO supplies builders’ merchants across the south of England and the Midlands and sources slate from sustainable quarries with reserves and advanced extraction capabilities in Spain, Brazil, Wales, and Malaysia. Euston Ventures also owns European Plastics, a specialist manufacturer of rubber roofing components, creating a complementary add-on fit through shared industry expertise and customer bases.

The article does not disclose financial terms, and it notes the transaction involved professional advisers including Thrings and Cazenove Capital.