Wed, 06 Jun 2018 | BUSINESS SALE
Wyevale Garden Centres across Britain are to be sold after private equity firm Terra Firma announced it will be selling the Wyevale Group via property advisor Christie & Co.
The Wyevale Group is currently the largest garden centre group in the UK, boasting a portfolio of 145 garden centres alongside associated restaurants and cafes. Private equity firm Terra Firma originally purchased the Wyevale Group back in 2012 for £276 million and now employs more than 6,000 people throughout the UK.
However, far from signalling a decline in the group's success, Roger Mclaughlan, CEO of Wyevale Garden Centres, believes the sale of the business could pose a significant opportunity for any entrepreneurs seeking to break into the market or existing garden centre operators hoping to capitalise on the success of the brand.
Specifically, Mr Mclaughlan highlighted the group's transformation in recent years, stating that exceptional standards and numerous improvements are now paying dividends in terms of both the response from customers and the company's increasing profits.
"Wyevale Garden Centres has been transformed beyond recognition over the last few years," he added. "Our improved business has engaged colleagues and put customers at the â¨heart of what we do."
This positive outlook was mirrored by Steve Rodell, Managing Director for Retail at Christie & Co, who added that the specialist property advisor is expecting a great deal of interest from prospective buyers seeking to take advantage of this rare opportunity.
He commented: "The sale of Wyevale Garden Centres presents a unique opportunity for a wide range of buyers from financial institutions, existing garden centre operators, independent business people, and entrepreneurs â¨to buy well-invested local garden centres within the price range of £200,000 â¨to £35 million."
Established in 1978. Excellent reputation. High profit margins. Mix of corporate and general public customers. Further growth potential. Seen large growth in online. Offers invited.
LEASEHOLD
North East based plumbers merchant supplying local tradesman with an extensive range of plumbing and heating equipment in addition to a wide variety of bathroom products. Comprehensive design and product support service such as 3D design. Stocks high...
Exclusive UK sales & after-sales service provider for a German manufacturer of food processing equipment. Predominantly works across the convenience foods confectionery dairy & meat processing sectors adding value to the product range through advance...
|
11
|
|
Aug
|
PPL Corp. seeks sale of Western Power Distribution | BUSINESS SALE
PPL Corporation has announced that it has put its UK utility...
|
10
|
|
Aug
|
Adelie Foods’ Urban Eat brand acquired by Samworth Brothers | BUSINESS SALE
Samworth Brothers has completed the £6.4 million acqui...
|
07
|
|
Aug
|
Wrexham-based wire firm falls into administration | ADMINISTRATION
Wire manufacturer Wrexham Wire has fallen into administratio...
Sign up to receive our acquisition alert emails to get your FREE guide
|
23
|
|
May
|
Wyevale Garden Centres put up for sale | BUSINESS SALE
A difficult few years of trading and an unsuccessful turnaro...
|
28
|
|
Aug
|
Odeon business could be put up for sale | BUSINESS SALE
A business sale could be on the cards for the Odeon cinema c...
|
24
|
|
Nov
|
Four Seasons Health Care faces being sold | BUSINESS SALE
Blackstones is to offer advice on financial and strategic op...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources