Group Sales 1H22 of $46.5 million, Up 53% and a new record for Stealth.
Stealth enters into a binding agreement to sell its 50% equity holding in BSA Brands (UK) to Bisley Workwear for a total cash consideration of approximately A$2.0 million.
Expands Australian retail footprint, buying power and market position through the acquisition of United Tools.
Record FY21 revenue up 2.5% to $69.7m
Invested $0.95m to significantly expand eCommerce data and digital capabilities launching four new Online webshops and acquired two.
Acquired Skipper Transport Parts adding ~$18m annual revenue.
Won AUD$1.6 million of new orders via BSA Brands UK to supply Bisley Workwear into Africa customers during FY21 – surpassing total revenue earned by BSA in FY20.
Acquired C&L Tool Centre adding $14m of annual revenue and $1.3m of annual EBITDA.
FY20 annual sales increase 8% to $68million.
FY20 total client accounts up 405 to 11,630, high-level repeat sales.
Added 106 new store locations to our network since March 2019.
Changed Africa Strategy – Focus on serving Tier 1 customers.
In October19 acquired the Brand Protect-A-Load (PAL) – Innovative Load Restraint Products.
FY19 trading result with increased Revenue of $40m on pcp FY18.
In May acquired Industrial Supply Group, an independent member buying group with 27 stores locations Australia-wide.
In March established new distribution partnership with UK’s Troy Group to place Bisley Workwear its~420 stores network across the UK.
Established a Joint Venture with Bisley Workwear in the United Kingdom in March.
H1/19 first 6 months trading sales growth at double digit levels.
Completion of Heatleys integration in December18.