In This Issue
Scotts Miracle-Gro purchase Solus brands
Confident mood at SOLEX suggests garden centres are looking positively at summer sales
If catering and food are your growth areas our new Food Xtra will help you
Planteria Manager
Buying Assistant
Sales Representative
Weeds and slugs help to boost garden product sales
Veg seeds make Bestsellers chart return
Top soil and bark sell well
Bestsellers Top 50 charts every week
Buy your subscription to GTN Bestsellers
Situations Vacant
Planteria Manager
Oxfordshire, up to £25,000 per annum
Read more»
Buying Assistant
South Coast, up to £22,000 per anumm
Read more»
Sales Representative
South East, £30,000 per annum
Read more»
Send us your news and great ideas

Contact us with your news.  Email neil.pope@tgcmc.co.uk, or trevor.pfeiffer@tgcmc.co.uk or call the GTN News team on 01733 775700

 


Scotts Miracle-Gro purchase Solus brands

GTN Xtra has just received this announcement:



The Scotts Miracle-Gro Company, the world’s leading marketer of branded consumer lawn and garden products, today announced that its subsidiary, The Scotts Company (UK) Limited, has reached an agreement to acquire proprietary brands from Solus Garden and Leisure Limited (in Administration).

The acquisition includes, but is not limited to, the Yeoman, Joseph Bentley, ChapelWood, Botanico, Garden Nation and Bermuda brands. Prior to going into administration, Solus was a leading UK supplier of garden and leisure products, offering a diverse mix of quality brands for more than 25 years.

Mark Pearson, previously Chief Executive Officer of Solus, will join Scotts to lead the acquired brands, which will be operated as a “Scotts Solus Brands” internal division within The Scotts Company (UK) Limited.

“The acquired Solus brands are complementary to our existing gardens business in the UK and fill some gaps in our current product offering,” said Martin Breddy, Vice President and General Manager of The Scotts Company (UK) Limited. “We are excited to combine these brands with Scotts’ innovation, advertising and marketing and are confident this will help drive faster growth for the UK gardening market. “We welcome the Solus team into the Scotts family and are working towards a seamless transition,” added Breddy.

Tony Barrell, joint administrator and director of PricewaterhouseCoopers LLP, said: “I am pleased to announce the completion of the sale to Scotts, which secures the future of the Solus brands and business. I would like to thank the employees, key customers and suppliers for all their support over the last eight weeks. We will now be communicating with the suppliers of the third-party branded products, which were not sold as part of the deal.”

Terms of the transaction are not being disclosed.

Facebook Twitter LinkedIn Del.icio.us Digg
Newsletter Marketing Powered by Newsweaver