In 1930, Stewarts & Lloyds Ltd entered into an agreement with Tube Investments, of Abingdon, Oxfordshire, which controlled a large number of tube making firms in the Midlands.
In 1930, Stewarts & Lloyds Ltd partnered with Tube Investments, based in Abingdon, Oxfordshire, to gain control over a substantial number of tube manufacturers operating in the Midlands area.