Suffolk's PG Horticulture sells assets to Meyer KG

Suffolk-based horticultural wholesaler PG Horticulture has sold its trade and assets to Hermann Meyer KG of Rellingen, Germany.

The business will continue to trade as before under the same name and from the same address and contact telephone numbers. PG Horticulture's customers will now also have access to the Meyer product range.

Paul Greenhalgh will continue as director and will be joined on the board by Christian Meyer representing Hermann Mayer KG. Peter Groeneveld, who founded the business 30 years ago, has become a consultant to the business.

Groeneveld praised Mayer and Greenhalgh, adding: "I am looking for new opportunities in horticulture. I have 30 years' experience in international horticulture which I can put to good use."

Following Avoncrop going into administration last month, Groeneveld said times were tough for suppliers. "I think there are fewer growers and those growers buy a lot more from manufacturers."

He said that once businesses in the industry have debts it is hard to recover. But he added: "With the low pound things are looking up because people have to pay more for Dutch and Belgian plants.

"People will start propagating again instead of buying from abroad. I'm fairly optimistic."

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