Terra Firma reported to be among bidders for Garden Centre Group

The private equity firm headed by Guy Hands of Terra Firma Capital partners is among 11 bidders vying to become one of Britain's largest garden centre operators, according to reports.

Garden Centre Group is a "very exciting asset" says chief executive Nicholas Marshall - image: GCG
Garden Centre Group is a "very exciting asset" says chief executive Nicholas Marshall - image: GCG
They have lodged preliminary and non-binding bids for Garden Centre Group with Rothschild, the firm handling the auction, in the last few days.

The 130-centre chain is expected to fetch around £300m.

Other interested parties are said to include private equity firms such as Bridgepoint and retailers including Wm Morrison.

Garden Centre Group chief executive Nicholas Marshall told Horticulture Week:

"There is a lot of interest in the company but I can’t go into detail about who is bidding and who isn’t at the moment because that would be unfair. The amount of interest is not surprising because we are unique and it’s a one-off opportunity. We’re all very optimistic because considering where the economy is and the international financial situation I think people see us as a very exciting asset."


Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Sign up now
Already registered?
Sign in

Read These Next

Aster

Aster

Brightening up gardens in autumn, these daisies are seen as a gem in the gardener's arsenal, writes Miranda Kimberley.

What are the garden centre trends from the Glee trade show?

What are the garden centre trends from the Glee trade show?

Plastic, peat and glyphosate reduction, one-stop shop suppliers, slug control, shrub replacement, lawn fixing, solar technology and heat-loving plants such as agapanthus were among the top trends at Glee this year.

How is the garden product market responding to renewed pressure on glyphosate?

How is the garden product market responding to renewed pressure on glyphosate?

Shifts are taking place in the market for garden weedkillers in the UK


Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +
Horticulture Jobs
More Horticulture Jobs

Horticulture Week Top 100 GARDEN CENTRES 2017

See our exclusive RANKING of garden centre performance by annual turnover plus the FULL REPORT AND ANALYSIS of the market drawing on our garden retail industry-exclusive research

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

PLANT SUPPLIERS GUIDE

Free to subscribers, the essential guide for professional plant buyers
 

Download your copy