With speculation mounting that a sale of Solus Garden & Leisure is imminent, the administrators acting on behalf of the company re-iterated the fact that they were hopeful of completing a sale. And Ross Yealland told GTN Xtra there could be an update on the matter next week.

Tony Barrell, joint administrator and director, PwC, said:“From the outset, we have been focussed on securing a sale and have received expressions of interest from a number of parties. 

“We have reviewed the offers received to date and are now in detailed conversations with several parties. We are making progress and remain hopeful of completing a sale." 

GTN Xtra has learned from a number of garden centres that Solus sales reps have been telling them that a sale of the business is imminent, and the potential buyer was a leading supplier in the garden industry.

Two weeks ago the administrators announced that the company's Rackheath depot in Norwich is to close next month and that 19 jobs could be affected.

Solus will continue to serve garden centres in the region, added the administrators, but this will now be done from the Midlands (Hunnington) in future.