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PNE kit sponsor PAR Group bought out by Preston-based firm

Posted on - 26th May, 2024 - 8:00am | Author - | Posted in - Business, Chorley News, Preston City Centre, Preston News, Preston North End, Ribbleton
PAR Group when they were unveiled as sponsors in the 2021/2022 season. Pic Credit: PNE

Preston North End’s principal sponsor for the past three years, Chorley-based Plastic and Rubber (PAR) Group, has been sold to a Preston-based business.

PAR, a family-owned manufacturer and supplier of engineering plastics, insulation and rubber products, has been bought for an undisclosed sum by R. and G. Fluid Power Group, which is based on the Roman Way industrial estate.

Established in 2017, R. and G. has 40 UK divisions providing bespoke engineering, gaskets and seals, hose and couplings, hydraulics and pneumatics.  

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R. and G. is a division of parent company Diploma, which is an international distributor of specialised products and services in the controls, seals and life sciences sectors. 

The deal was advised upon by accountants and business advisors Beever and Struthers, which has a base in Blackburn, while Preston-based solicitors Napthens provided legal advice on the deal.

Dean Curtis, corporate finance director at Beever and Struthers, said: “PAR is a longstanding client of Beever and Struthers, the shareholders have built a successful business and achieved substantial year-on-year growth and profitability.”

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