Solus merger talks 'making good progress'
|
Solus Garden & Leisure say they are “making good progress” in talks with potential new business partners following the collapse of merger negotiations with Scotts UK. Solus CEO Mark Pearson said the level of interest had been high, reflecting the value placed on the unique position that Solus occupies in the UK gardening market, and the potential for development opportunities internationally. With strategic support from Grant Thornton, the company would be meeting with the interested parties over the next few weeks. In a press statement, Pearson said sales of Solus’s own brands and service levels were performing well in the crucial Easter trading period, as were orders for third party products which continue to be sold by Solus. “We’d like to take this opportunity to express our thanks and gratitude to customers and suppliers who are working with us and have made public and private statements of support for the company,” Pearson added. “I’d especially like to thank our loyal Solus staff who are working hard to ensure our customers receive the high level of support they deserve at this time.”
|
|