The Israeli resin consumer products supplier Keter Group (Herzliya; www.keter.com) has agreed to acquire Stewart Plastics (Banbury / UK; www.stewartcompany.co.uk). Stewart is a supplier of products for the home-gardening sector, as well as for the commercial kitchens, food retail and hospitality sectors. Both businesses will continue to be managed by their current leadership teams.

"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," says Lee Mellor, Keter's head of Europe.

The Keter Group operates 18 production plants and two distribution centres in nine countries, and sells to over 100 countries around the world, with annual sales totalling more than EUR 1 bn.