Fenner is a leading British-based manufacturer of industrial belting and other polymer-based products. It is headquartered in Hessle. It was listed on the London Stock Exchange until it was acquired by Michelin in May 2018.
Company type | Subsidiary |
---|---|
Industry | Polymers |
Founded | 1861 |
Headquarters | Hessle, England, UK |
Revenue | £655.4 million (2017)[1] |
£59.1 million (2017)[1] | |
£34.3 million (2017)[1] | |
Number of employees | 4,330 (2017)[2] |
Parent | Michelin |
Website | www.fenner.com |
The business was founded by Joseph Henry Fenner in 1861 as a manufacturer of leather belting at Bishop Lane in Hull, England.[3] In 1921 it diversified into textile belting and subsequently into polymer belting. In 2006 the Company initiated a major expansion in Ohio, United States.[4]
In March 2018, French tyre maker, Michelin, launched a bid to buy the company for £1.3 billion.[5] The acquisition was completed in May 2018.[6]
The business is organised into the following units:[7]