Nurture adds Boxgreen to buys

Prestigious school portfolio proved a winning draw following owner's sales overture for business.

Grounds upkeep firm Nurture has continued its run of acquisitions with the purchase of Boxgreen Landscapes as it set its sights on £10m turnover.

Owner Peter Fane said Boxgreen's 21 staff would transfer to his company and work from his base in Windlesham, Surrey.

Boxgreen was set up by Vernon Harris eight years ago and has annual sales of £750,000 from landscape maintenance, exterior plant displays and hanging baskets.

"We are keen to expand further into schools and the company has many prestigious names in its portfolio such as Westminster and Strode College," said Fane. "Plant-display clients include brewer Young's, Admiral Taverns and Kingston town-centre management.

The buy follows Fane's purchase of the 24-staff City Estates Service in Bath this summer and Midlands-based Harmac Environmental landscape upkeep firm. "We're most definitely keen on further acquisitions," said Fane.

Nurture boasts sales of £7m, mostly from contracting in leisure centres and business parks. Recent wins were at Kent Science Park and Bescot Retail Park. "We are trying to keep growth moving, not just by buying other companies but through strong sales," Fane said.

KeyStat - Turnover target in Nurture's expansion programme - £10m


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