Stuart Canvas Group has over 45 years experience designing and manufacturing here in Britain. As the company grows from strength to strength, they are consistently looking for opportunities to expand their knowledge, skills, capacity and realise their growth potential. AJ Bennett offers an excellent opportunity for Stuart Canvas Group to diversify further into different products and markets.
The acquisition is in-line with Stuart Canvas Group’s expansion strategy, to grow the business through organic growth and targeted acquisitions.
A word from the CEO
“AJ Bennett is a great fit for our business as it cements our market position as a leading provider of industrial covers and allows us to expand our production capabilities. The acquisition is a key part of our strategy which will see us look to grow our business through organic expansion and acquisition”
Ed Stoddart, CEO
About AJ Bennetts
Based in St. Helens, AJ Bennett has grown substantially since it was founded in 1980, becoming one of the leading manufacturers of industrial materials such as trailer curtains, tarpaulin covers, factory screens and load restraint equipment. Amongst their product offering, the company offers bespoke industrial tarpaulins, as well as an on-site repair service; both of which are complementary to Stuart Canvas Group’s initial product range, and also assists the group in reaching a larger product offering.
The customer bases of both businesses compliment one another and will open up opportunities for cross-selling.
Growing, learning and looking to the future
The agreement will see Stuart Canvas Group purchase AJ Bennett’s for an undisclosed sum, whilst the management of each company will work together to build a strong and sustainable business based in the north west, but with strong relationships with clients both nationally and internationally.
“I look forward to joining the Stuart Canvas team”
Tony Bennett, Managing Director at AJ Bennett.
AJ Bennett will be entering Stuart Canvas Group with a new look, as “Bennett Covers”.
The new brand image for AJ Bennett ties the acquisition well into the Stuart Canvas Group. With plans for a team building day, the two teams will soon be united as one; learning and working together to achieve Stuart Canvas Group’s expansion and realise their full potential.
The new logo: