Keter Group has bought British plant pot company Stewart Plastics

Keter Group BV, has bought British plastic garden pots specialist Stewart Plastics for an undisclosed amount.

Stewart Plastics
Stewart Plastics

Stewart Plastics has a £14.5m turnover and was founded in 1945.

Keter UK has a £45m UK turnover. it was founded in Israel in 1948 and specialises in outdoor storage and other resin-based consumer and garden products. It hopes to get more into the garden centre market through the acquisition.

Keter is in more than 90 countries worldwide. In 2016, the private equity firm BC Partners bought 80% of Keter for 1.36 billion dollars. 

Stewart is the UK brand leader in the gardening grow-your-own sector, decorative planter’s category and a supplier of professional quality catering products to commercial kitchens, food retail and hospitality sectors. Based in Banbury, Stewart is in many UK garden centres, with a total distribution of 1,600 outlets across the UK.

Keter Europe head Lee Mellor said: "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.

Stewart managing director Andy Burns, the remaining director at the company, 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.

Clearwater International advised Stewart Group on the sale, led by Partner and International Head of Consumer Gareth Iley, with support from Senior Associate Mark Gillingham and Associates Haseeb Shah and Louise Hooper.


Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Sign up now
Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Read These Next

Garden centre building: what's going up?

Garden centre building: what's going up?

After a lull in new builds, 2018 could see a slight resurgence in garden centres being erected.

Retail seed: crowded market for 2018

Retail seed: crowded market for 2018

Thompson & Morgan is refocusing on the garden centre seed market, hoping to win back business from Mr Fothergill's, which has expanded during T&M's long sale process.

Climbing roses

Climbing roses

Walls, trellises, pergolas and even trees can all be brightened up by these beautiful blooms, writes Miranda Kimberley.


Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +
Horticulture Jobs
More Horticulture Jobs

Horticulture Week Top 100 GARDEN CENTRES

Our exclusive ranking of garden centre performance by annual turnover. 

Garden Centre Prices

Peter Seabrook

Inspiration and insight from travels around the horticultural world
 

Read more Peter Seabrook articles

Neville Stein

Business advice from Neville Stein, MD of business consultancy Ovation
 

Read latest articles