Equip Outdoor Technologies Ltd., owner of British outdoor brand Rab, announced a series of strategic developments to support the next phase of growth, including a strengthened leadership structure and a £48.5m sustainability investment package from HSBC UK.
Equip’s five-year plan, outlined by the Board in 2024, reports achieving a “£117.0m turnover in FY26, building on £106.4m in FY25 and £105.8m in FY24. The business now targets a “40 percent growth in annual sales over the next three years.”
To support the expansion phase, Equip enhanced its operational EXEX structure. 
Rob Maynard, pictured right, previously chief financial officer, has been appointed chief operating officer, leading buying and sourcing, inventory and analytics and IT and systems. Richard Pinner, shown bottom left, who joined Equip in May as buying and sourcing director and formerly VP of Sourcing and Product Development at Pentland Brands, succeeds Matt Bingham, who leaves the company this month after 12 years of service.
Equip’s £48.5m funding package from HSBC UK “will enable the purchase and development of a new six-acre warehousing facility in Alfreton, Derbyshire, with a full solar installation, structured as a Sustainability Improvement Loan. Over time, all warehousing and operations, as well as Rab’s UK manufacturing, will transition to the new facility,” said Equip in a media release.
The business recently achieved B Corp certification, along with the Rab brand, which will be shared in the Rab 2026 Impact Report, to be released on June 11.
Richard Leedham, CEO at Equip, stated, “Our continued momentum reflects the strength of our strategy and the commitment of our teams. 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.”
Images courtesy Rab
