In This Issue
Happy New Year - Here's the Top 100 Most Read Stories of 2019
From 145 centres to zero - where the Wyevale Garden Centres went
Hillview Group put 6 sites up for sale
Eleven more Wyevale centres sold today
Wyevale Garden Centres sell six more centres
Smart acquires Briers
Most Read Stories in 2019 - 6 to 10
Most Read Stories in 2019 - 11 to 20
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Garden centre closes after railway landlord declines to renew lease
Toppings sell Barton Grange Hotel to catering firm
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Smart acquires Briers
No 5 Most Read Story 2019 - From GTN Xtra - Issue 5 2019

Smart Garden Products have announced the purchase of the Briers business and assets from administrators Duff & Phelps.

 

"The business was short of cashflow and their directors were trying to find a buyer for some months without success, eventually placing the company in administration.  We came in at the end of this process with an acceptable offer and managed to complete very quickly, within days in fact.  It was all very quick!" said Paris Natar, Smart's Chairman.

 

"The timing could be better with the season upon us and Chinese New Year holiday factory closures" added MD Jonathan Stobart.

 

"Fortunately there is some stock that has recently arrived at UK ports and even more in transit, in addition to that already in the Briers warehouse.  So we are now bringing that in and arranging for early shipment of other goods already on order, mostly made, as soon as the factories re-open in the second half of February.  Not where we would like to be with this, but also not irrecoverable by any means."

 

Paris added: We are determined to restore normal and full supply of this fantastic range and brand to our retail partners as soon as practically possible, doing whatever it takes.  We will be supplying Smart Standards and Smart Service Levels.  This is a brilliant opportunity for Smart Garden Products and we intend to make the most of it."

 

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