In This Issue
Terra Firma to stay as owners of Wyevale Garden Centres...for the time being!
Water fights, high lights and tools at dawn – it’s Glee time
Autumn promo gets Crest Garden off to flying start
Lighting products still shining brightly as product sales soar
We plan to put zip back into grow-your-own say Crest and Plantpak
Crunch challenge looms for garden centre 'rising stars'
If catering and food are your growth areas our new Food Xtra will help you
New general manager for Haskins Ferndown
Number of households with gardens is falling suggest HTA
Another Which? Best Buy for Gro-Sure
Garden Centre Manager - London
Head of Buying - Cambridgeshire
Garden Care Team Leader - Hertfordshire
Sales Executive - Norfolk Leisure
Junior Buyer - Cambridgeshire
It’s the Great British Bake Off at Taylors Bulbs
Handy become sole distribution partner for Flymo
Rhubarb makes welcome return to Veg chart
The UK’s largest garden machinery wholesaler is on the move
Winner of GIMA Innovator’s Seed Corn Fund has been chosen
Growing media sales remain positive
HTA renew attack on 'outdated' Sunday trading laws
Bestsellers Top 50 charts every week
Buy your subscription to GTN Bestsellers
Situations Vacant
Garden Centre Manager - London
Up to £35,000 per anumm
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Head of Buying - Cambridgeshire
Up to £60,000 per annum
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Garden Care Team Leader - Hertfordshire
Up to £20,000 per annum
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Sales Executive - Norfolk Leisure
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Junior Buyer - Cambridgeshire
Up to £30,000 per annum
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Terra Firma to stay as owners of Wyevale Garden Centres...for the time being!

Despite reports in the US and UK that private equity firm Terra Firma are ready to sell Wyevale Garden Centres, a source with knowledge of the matter confirmed to GTN Xtra there is no sales process for the company at this time.

News of a possible sale was reported by New York-based Bloomberg on Wednesday.

Bloomberg reported that Terra Firma had held talks with potential advisers about a sale or a public floatation, which could value the company at up to £700 million.

GTN Xtra contacted both Terra Firma and Wyevale Garden Centres but no one was prepared to comment. 

It wouldn't be a surprise that as a private equity firm, Terra Firma sold or floated the business on the stock exchange at some point in the future. They bought the company - then called The Garden Centre Group - two years ago and have increased the number of centres to 140 throughout the UK.

GTN Xtra understands that Terra Firma would favour the stock market route and that 2018 would be a target date. However, things can change quickly in business and it would seem that Spring would be an ideal time to put the company on the market.

Earlier this year in an exclusive interview with GTN, Wyevale's CEO Kevin Bradshaw said his senior management team were committed to the long-term future of the business no matter who owned the company.

He added that the strategy for Wyevale was to keep growing, so don't be surprised to see the company adding to its 140-centre  portfolio in the near future. Watch this space.

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