Equip makes major investments on the back of Rab’s success
UK-based outdoor group Equip, the owner of Rab, is targeting 40% growth in annual sales over the next three years and has announced its UK manufacturing will move to a new site in Derbyshire.
Rob Maynard, previously chief financial officer, has been appointed chief operating officer. He now leads buying and sourcing, inventory and analytics, and IT and systems, with the aim ofimproving cross-functional alignment across the business.
Richard Pinner joined Equip last month from Pentland as buying and sourcing director.
The group has secured a £48.5 milllion funding package from HSBC to buy a six-acre warehousing facility in Derbyshire, complete with full solar installation. The funding has been structured as a Sustainability Improvement Loan, reflecting Equip’s ESG performance and its ambition to lead in responsible business practices.
Over time, all warehousing and operations, and Rab’s UK manufacturing, will transition to the new facility.
Richard Leedham, CEO at Equip, said: “Growth in Europe, together with expansion in North America and the rest of the world, positions Rab well for the next phase of sustainable growth. By strengthening our operational capability, we will be better placed to deliver our long-term ambitions in line with our purpose and B Corp certification.”
Equip achieved £117m turnover in FY26, building on £106.4m in FY25 and £105.8m in FY24.
