Our Divisions




AEP is a group of nine related businesses that use advanced polymeric materials and technical expertise to provide high value-added solutions to customers' most challenging engineering problems.

Business mandate:

  • Performance-critical products with significant design content representing only a small proportion of customers’ total costs
  • AEP management enjoys delegated responsibility and opportunities to display entrepreneurialism with Fenner providing strategic direction and a framework of controls
  • Manufacturing expertise supported by external certifications and strong logistical support
  • Leading positions in niche markets with attractive medium and long-term growth prospects
  • Strong product development pipeline, either self-funded or working with chosen partners
  • High margin businesses with significant operational gearing

Divisional strategy:

  • AEP will continue to grow as a group of related businesses developing polymer-based products for performance-critical applications
  • Businesses work with each other to share research in polymer technology and to combine support functions
  • In oil & gas, AEP will benefit from structural change in the industry and more rigorous regulation through continued emphasis on product development, manufacturing expertise and customer service
  • AEP’s medical businesses will utilise recent investment in new facilities and intellectual property to realise significant growth opportunities, with a focus on applications in endovascular, heart valve, neurovascular and biological medicine
  • AEP’s industrial businesses offer steady long-term growth with attractive margins, based on market niches, product innovation and efficient operations
  • Acquisitions are expected to continue to play an important role in AEP’s future growth. AEP will dispose of businesses with insufficient growth or margin potential

ECS is an established global leader in the supply of heavyweight conveyor belting and related services to the mining, industrial and bulk handling markets

Business mandate:

  • ECS provides its customers with the lowest total cost of ownership for the reliable operation of conveyors
  • Full range of heavyweight conveyor belting for mining and industrial applications with complementary service offering
  • Industry-leading brands, technology and product quality
  • Predominantly a consumables and aftermarket business which is mission-critical for customers’ efficiency
  • Global presence, including market leadership in Australia
  • Strong customer relationships built on local presence, consistently high standards of customer service and speed of response
  • Well invested and strategically located manufacturing facilities

Divisional strategy:

  • Respond to current difficult market conditions through business restructuring/refocusing, continuous efficiency improvements and on-going product development
  • Realise opportunities to improve financial performance as commodity markets recover and through increasing shares of industrial markets
  • ECS Northern Hemisphere (principally Europe and North America) is increasingly focused on industrial customers, accessed directly or through a network of distributors, with a reducing exposure to coal mining
  • ECS Southern Hemisphere is concentrated on mining customers in Australia where ECS intends to maintain and develop its market leadership
  • Conveyor services are generally offered where they are seen as being strategic to customers’ belt purchasing decisions
  • Pursue growth opportunities in hard rock mining (Australia and elsewhere), in industrial markets (Europe and North America) and in emerging mining and industrial regions


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Global Locations

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Fenner Overview July 2017

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