Tue, 07 Apr 2026 | BUSINESS SALE
Euston Ventures, an investment company that acquires and grows specialist manufacturing, industrial and product distribution businesses, has acquired a business that supplies builders’ merchants across the South of England and the Midlands.
European Slate Company Limited (ESCO) imports and distributes high-quality natural roofing slate. The company sources its products from sustainable quarries with significant reserves and advanced extraction techniques across Wales, Spain, Malaysia and Brazil.
The deal was secured by Swindon-based corporate finance specialist Watersheds, which identified Euston Ventures as a buyer with a strong reputation for acquiring companies providing premium products and services.
Watersheds' partner John Stopher said: "A business sale can often be a life-changing process, and we understand it can be both complex and emotionally demanding. By building strong relationships with our clients, we support them throughout the journey; understanding their aspirations, managing the transaction process, and being on hand whenever needed.”
Stopher added that Euston Ventures already owns a complementary business in the form of specialist rubber roofing components manufacturer European Plastics. As a result of the shared industry expertise and customer bases, Stopher continued, the deal offered clear opportunities for future growth, despite the differing geographies of the two firms.
ESCO was built by owner Mike Farelly alongside an experienced team, including many who had worked with him prior to the formation of the company. It was therefore a critical priority to find the right buyer for the company.
Farelly commented: "It was important to me that the business was placed in safe hands and that my team would not only be looked after but also given the opportunity to ‘step up’. Watersheds made the process straightforward. They spoke in plain English, explained my options clearly and provided genuine advice throughout.”
Read our in-depth analysis of negotiation tips, strategies and pitfalls for first-time business sellers
Read more about M&A in the UK's building products and services market
This well-established carpentry contractor is renowned for its specialised services in timberframe construction, consistently delivering high-quality projects with faster-than-average lead times and enjoying a remarkable 100% repeat business rate.
This highly reputed construction business, operating across the Midlands and the North & South West of England, offers a unique opportunity with its rare accreditations and relentless year-on-year growth.
Acquire a key player in the London scaffolding industry with this long-established business known for its reliable service and expertise. Situated strategically in East London, it offers strong profitability, a robust asset base, and a loyal clientel...
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.