Garden & Leisure garden centres form new relationship with HSBC

HSBC Corporate Banking in Bristol is to provide capital facilities to the Garden & Leisure Group.

The arrangement will cover all Garden & Leisure Group's seven garden centres which together turn over £42 million.

The business was founded as Cadbury Garden Centre in 1983 by Kenn and Jackie Lloyd.  Garden & Leisure Group was formed in 1997 with the support of Truffaut, a French specialist garden centre chain. 

Garden & Leisure Group has since bought six other garden centres across the south west and midlands.

Mark Bennett, HSBC head of corporate banking, West & Wales said:

"HSBC is delighted to be working with this very well established business to support their growth plans, particularly as we enter the busy summer period. The company has created a sound business model, driven by an impressive management team which highlights the quality of business thinking in the region today. We look forward to working with them."
 
The relationship at HSBC will be managed by Stefan Gunn, Bristol-based senior corporate banking manager.
 
Dave Murray, finance director at Garden & Leisure Group said: "We are an ambitious and growing business which requires flexibility to meet our strategic objectives swiftly and simply. Our relationship with HSBC will put us in a strong position to maximise opportunities, while their existing relationships with Truffaut in France and Truffaut’s parent company Louis Delhaize will ensure simplicity and help to create greater transparency for us as a Group. We look forward to working with our team on the ground in Bristol and their partners in France."


Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Sign up now
Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Read These Next

Electric car charging: an opportunity for garden centres?

Electric car charging: an opportunity for garden centres?

There are 11,700 electric car-charging points across the UK but only eight at garden centres, so more can be done to take the opportunity in garden retail.

Dazzling display of new plants at Four Oaks Trade Show 2017

Dazzling display of new plants at Four Oaks Trade Show 2017

A wide range of first-time exhibitors and established names will showcase a wealth of new varieties at September's Four Oaks Trade Show, says Matthew Appleby.

Product and service showcase

Product and service showcase

Fresh solutions to production problems can be found among the array of products and services being introduced at the Four Oaks Trade Show, Sally Drury reports.


Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +
Horticulture Jobs
More Horticulture Jobs

Horticulture Week Top 100 GARDEN CENTRES

Our exclusive ranking of garden centre performance by annual turnover. 

Garden Centre Prices

Peter Seabrook

Inspiration and insight from travels around the horticultural world
 

Read more Peter Seabrook articles

Neville Stein

Business advice from Neville Stein, MD of business consultancy Ovation
 

Read latest articles