The news was announced in the Wisbech Standard earlier this week but Wood was unwilling to confirm or deny the sale to HW, saying only: "I think you've got to treat it as speculative at this stage."
Wood bought Delamore in 1990 and has transformed the company, lifting sales from £500,000 to £8m. A £5m 5.6ha state-of-the-art propagation nursery was opened in February last year and in June the company bought Yoder Toddington's young plant division.
Wood was reported in the Wisbech Standard as saying he was planning a change of direction but would stay with the firm for the transition period.
Eady has been with the company for 12 years and has taken on more supervision and management roles over that time. He has been a director for four years and was the project manager of the team that arranged the company's move to its new nursery last year.
Delamore produces more than 100 million plants annually.