Reports link former Wyevale Garden Centres boss Nicholas Marshall to Homebase bid

Former Wyevale Garden Centres chief executive Nicholas Marshall has long been rumoured to have been putting together a bid for Homebase and now looks to be furthering that plan.

Marshall, who changed the name of the group from Wyevale to Garden Centre Group before it was renamed Wyevale Garden Centres last year, is talking to private equity groups about a potential offer for Homebase, reports the Financial Times.

No approach has yet been made to Home Retail, and Homebase owner Home Retail said it did not comment on speculation.

Marshall left Garden Centre Group shortly after Guy Hands' Terra Firma took over having come back to run Britain's biggest garden centre chain in 2008 and lead it out of financial difficulties.

He founded Country Gardens in 1984, selling out to Wyevale in 2000 for £108m, when he founded Country Homes & Gardens.

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