Terra Firma and Apax Garden Centre Group bids in, but Bridgepoint out

Private Equity firm Apex joins bidder list for Garden Centre Group - image: HW
Private Equity firm Apex joins bidder list for Garden Centre Group - image: HW
Bidders for Garden Centre Group include private equity groups Terra Firma and Apax, but not Bridgepoint, which made a first round bid, according to reports.

Second round bids for £250m turnover GCG are due before the end of November.

Lloyds Banking Group – which owns about 40 per cent of GCG – put the 130-store chain up for sale by appointing advisers at Rothschild and first round bids were due in the middle of October.

Apax owns Nordic garden centre chain Plantasjen, bought in December 2006. Terra Firma has bought EMI and several pub and drinks companies.

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

Garden centre building: what's going up?

Garden centre building: what's going up?

After a lull in new builds, 2018 could see a slight resurgence in garden centres being erected.

Retail seed: crowded market for 2018

Retail seed: crowded market for 2018

Thompson & Morgan is refocusing on the garden centre seed market, hoping to win back business from Mr Fothergill's, which has expanded during T&M's long sale process.

Climbing roses

Climbing roses

Walls, trellises, pergolas and even trees can all be brightened up by these beautiful blooms, writes Miranda Kimberley.


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