Stewart joins leading global supplier of consumer resin products Keter
Keter Group BV, a leading global supplier of resin consumer products for the home and garden, has agreed to acquire Stewart Plastics. The acquisition supports the UK?s continued growth strategy and brings together two complimentary product portfolios.
Keter, with a presence in more than 90 countries worldwide, offers a broad portfolio of quality resin consumer products across market leading sheds and storage boxes, furniture, tool and hardware storage and home solutions.
Stewart is the UK brand leader in the gardening grow-your-own sector, decorative planter?s category and a leading supplier of professional quality catering products to commercial kitchens, food retail and hospitality sectors. Based in Banbury, with 70 years of brand and manufacturing heritage, Stewart are present in almost all UK garden centres, with a total distribution of over 1,600 outlets across the UK.
Lee Mellor, head of Europe at Keter commented: “As a combined company, we will have the resources and capability to provide our customers with an unmatched offer, consisting of an innovative product portfolio, a stable of enviable market leading brands, and a service promise that will be strengthened by our extended manufacturing footprint and enhanced supply chain capabilities into the garden centre channel.”
Managing director of Stewart Andy Burns said: “We are excited to become a part of the highly respected Keter organisation, it creates significant growth opportunities for Stewart. Together, we have the capability to accelerate our market leading presence in our core garden and catering categories through greater product innovation and access to resources that come from being a part of a global organisation.”
Both businesses will continue to be managed by their current leadership teams and news on future plans will be shared as they develop.