In This Issue
Five more garden centres sold by Wyevale
Tong chooses WinRetail, C&F's EPoS system
Winter is in the air. Will it spark a rush for Christmas?
Personalisation now a key retail strategy says expert at HTA-GIMA event
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Notcutts and Thurrock GC cancel reindeer over welfare worries
Greenfingers Charity announce Big Gardening Raffle with National Garden Gift Vouchers
Studley Green blooms under new management
Garland urges retailers to secure stocks as demand for products soars
Vitax Q4 grows ABF The Soldiers’ Charity funds by over £10,000
Smart Garden Products expands sales teams
Haskins supports ‘Purple Tuesday’ for inclusive shopping
Oprah Winfrey selects Burgon & Ball RHS gift range in 'Favourite Things' list
Sara helps to raise £3,500 for Bristol homeless charity
Anthurium: December Houseplant of the Month
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Garden lighting brightens garden product sales
Balmy weather is great for growing media sales
Christmas product sales see temporary fall
Poinsettias are the highest climber in Bestselling Plants chart
GCA starts search for new inspector
GCA's Worrall Cup now open for entries
Healthy Plants, Healthy Business - one-day conference
National Tree Weeek returns later this month
Haskins Garden Centre in West End partners with Venture Studios Southampton for photoshoot competition
Tong GC wins Yorkshire business award
Hozelock name top account manager
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Westland update on Gardman
Erin acquired by Westland
Have you seen the TV ad that Thanks Plants?
Ansells re-opens in full with new shop two years after fire
Bestsellers Top 50 charts every week
Buy your subscription to GTN Bestsellers
All the latest news from the world of garden centre catering
Perrywood Tiptree shortlisted in FreeFrom Eating Out Awards
Situations Vacant
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Five more garden centres sold by Wyevale

 

Wyevale Garden Centres has today announced the sale of five more centres.

 

A portfolio of four garden centres – Salisbury (pictured above), West Parley, Fair Oak and Landford – have been sold to In-Excess UK Limited. Hereford Wellington centre has been sold to English Salvage Limited.

 

Both buyers are delighted by the opportunity to expand their existing businesses and will continue to operate these sites as garden centres.

 

Roger Mclaughlan, Chief Executive of WGC, said: “We are pleased to have agreed the sale of a further five centres. We would like to thank our great colleagues at these centres, who have been central to our turnaround in the past few years, and wish them well for the next stage of their growth and development under new ownership.”

The sales are expected to complete by end November.

 

Anthony Jones, Chief Financial Officer of WGC, said: “Since the launch of the sale process in May we have now sold 35 ‘non-core’ centres and are currently evaluating a wide range of competitive offers from the group buyers, regional operators and local entrepreneurs. We look forward to further positive discussions with all potential buyers.”

 

Christie & Co, the specialist business property advisor managing the sale process on behalf of WGC, have run a two phase process that has achieved considerable interest from a wide variety of buyers.

 

The sale of four garden centres to In-Excess marks the third completed multiple site deal. The opportunity to run one, a small group or a portfolio of garden centres has ignited interest within the sector and beyond, and Christie & Co continue to liaise with phase 2 bidders as the process continues.  

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Barbara Stewart
As Fairoak Wyevale has been sold to In-Excess UK Limited as from Friday 30th November 2018, will all the Concessions remain trading after the new owners take over or will they cease trading as well?