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Scotts Miracle-Gro wants to exit UK and Europe
Winners of GTN's first-ever Greatest Marketing Awards revealed
Four Oaks Horticulture to remain under current ownership
GCA moves HQ to Chester but retains close HTA links
Christmas products, lights, bulbs and manure in demand
Vitax recruit Andy McIndoe to front new website
Smart ways of marketing that don’t cost the earth
First Westland Rising Star in Ireland announced
David Domoney designs War Graves Commission garden for Chelsea
GrowQuip 2016 hailed as a great success
Catch-up videos for pot and bedding buyers
Plantarea Supervisor Manager (Berkshire)
Nursery Grower Technical Manager (West Sussex)
Horticultural/Plantarea Manager (Berkshire)
Technical Growing Operations Nursery Manager (UK based)
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Former Dobbies MD is called to the (handle)bar
Poinsettia sales start to get going
Another successful year for Go Wild with Peckish
Variety is the key to buoyant Christmas sales
Fleeces and rakes see an upsurge in sales
Manure gives a boost to growing media sales
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Bestsellers Top 50 charts every week
Buy your subscription to GTN Bestsellers
GTN's Greatest Awards 2016
All the latest news from the world of garden centre catering
Planters chef makes finals of pizza and pasta contests
Situations Vacant
Plantarea Supervisor Manager (Berkshire)
Salary: Excellent
 
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Nursery Grower Technical Manager (West Sussex)
Salary: Excellent
 
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Horticultural/Plantarea Manager (Berkshire)
Salary: £20,000 - £24,000
 
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Technical Growing Operations Nursery Manager (UK based)
Salary: Excellent
 
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Scotts Miracle-Gro wants to exit UK and Europe
Reports say talks with potential strategic partners or financial buyers have resumed

Scotts Miracle-Gro is actively seeking to exit its UK and Europe business, chairman Jim Hagedorn has told analysts.

The company is aiming to concentrate on improving returns for its shareholders by focusing on its core US lawn and garden business, including the fast-growing legalised cannabis market in the United States.

Following the release of Scotts latest financial results, Hagedorn has been quoted as saying: “We continue to explore strategic options for Europe as we maintain our bias that Europe is not a long term priority for us.”

Reports say negotiations for a possible joint venture with a European partner fell through earlier this year but discussions with strategic and financial buyers resumed at the end of the summer.

Scotts UK business was hit by the closure of the Solus brands, which the company bought after the wholesaler collapsed, but had recovered after “a difficult spring”. Across Europe as a whole, sales fell by 10% and profit before tax by 4%.

Scotts is the principal distributor almost worldwide of Monsanto’s Roundup weedkiller brand, a key source of revenue for the company.

There has been no suggestion that the companys plans have been influenced by Britain's decision to leave the EU.

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