The Midlands structured finance team at NatWest have advanced £1.6m to effect the acquisition and support investment going into the Bradley operation.
Gerald Ingram, director at Planters Garden Centre said:
"We like the strategical fit of Bradleys. Over 21 years we have constantly developed and invested in Tamworth and today we run one of the West Midlands largest independent garden centres. Bradleys is also a family operation so we share a similar ethos to gardening and customer service. The acquisition extends our footprint and allows us to develop further for the future from a stronger operational base."
Nic Hanlon, director, structured finance at NatWest added:
"The management team at Planters have a proven track record of running a successful garden centre. They will now benefit from the resulting economies of scale and additional revenue lines."