Haxnicks' Madeleine Cardozzo, whose husband Damian runs the company, said: "We’re creators and innovators and Smart Solar sells. Damian is a creator rather than a seller. He wants to source and develop the products and buy the stock."
She said the company had shrunk from 52 people to three. Malcolm Andrews will move to Smart Solar to remain as Haxnicks sales director.
She said Haxnicks new product development has stalled because of financial pressures on the business and this year's Glee woiuld be the company's last as a stand-alone business.
Smart Solar MD Jonathan Stobart said: The Haxnicks brand is similar to us – innovative and high quality, but is also different to us and complementary to us. We have good advantages of economies of scale and over time Haxnicks will be in more garden centres. We can add financial strength to the business. In year one it will be reassurance and continuity and in year two, we’ll opush the boat out."