Investment manager Baring has acted as sole lender of secured credit facilities in Epiris’ acquisition of Stuart Turner, a UK manufacturer of pump and water boosting solutions for domestic and commercial applications.
Investment manager Baring has acted as sole lender of secured credit facilities in Epiris’ acquisition of Stuart Turner, a UK manufacturer of pump and water boosting solutions for domestic and commercial applications.
Established in 1906, Stuart Turner is internationally recognised as a pioneer of brass pumps, designed to boost low water pressure systems, with a strong reputation for product innovation and manufacturing capabilities. Based in Henley-on-Thames, the company has a strong industry-wide reputation for high quality products and a market leading position both in the UK and internationally.
The acquisition will see Epiris seek to expand the company’s product range and support its geographical growth. Barings was the incumbent lender under previous ownership.
