Clearwater International advises the shareholders of Stewart Group on its sale to Keter Group
Clearwater International has advised ECI Partners-backed Stewart Group (Stewart), a leading brand in the garden and outdoor decorative market, on its cross-border sale to BC Partners-backed Keter Group BV (Keter), a leading global supplier of resin consumer products for the home and garden.
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. With 70 years of brand and manufacturing heritage, Stewart is present in almost all UK garden centres, with a total distribution of over 1,600 outlets across the UK.
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.
Both businesses will continue to be managed by their current leadership teams and news on future plans will be shared as they develop.