The Irish state company was in the running until a few days before Westland Horticulture bought Sinclair in a pre-pack deal out of administration on 31 July, it is believed.
KPMG's memorandum of the sale of the business stated that KPMG targeted 45 parties as part of the trade sale. By 19 June, six offers were received. Two were for all the business and assets – believed to be Westland and Bord na Móna. On 5 July, both parties submitted revised offers. By 27 July, only one party was in a position to conclude the sale, which completed on 31 July. The purchaser was Westland (GB Trading). Included in the sale were the Ellesmere Port site, seven peat mosses in Scotland, plant and machinery and stock.
Property in Lincoln and other Sinclair sites was not included. Some £12.15m was paid.
Bord na Móna was not available for comment.