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."
An opportunity to acquire a long standing (1989) well-established newsagents based in the West Midlands. Ideally located in the town centre of an affluent area, the company achieves high footfall, with an abundance of repeat trade and new customers a...
LEASEHOLD
The company has established itself as gourmet food supplier and premiere grocer in its area. The client has grown the business since establishing in 2019 to larger premises and invested in providing only the finest produce in its field. Located in a...
LEASEHOLD
An official seller of leading caravan, campervan, and motorhome brands, with a reputation for an extensive collection and highly knowledgeable team. Located in the north of England, the company operates from a well-located 25,000 sq. ft. showroom, an...
RELOCATABLE
12
|
Nov
|
Hi-fi firm Rega tunes into employee ownership | BUSINESS SALE
Half a century old hi-fi manufacturer Rega Research has turn...
12
|
Nov
|
Management take the wheel at coach tour firm LSG | MBO/MBI
The management team of battlefield, bridge and knitting coac...
12
|
Nov
|
UK administrations update: November 5 – 12 | ADMINISTRATION
Since our last update, the following businesses have been co...
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
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.