Dobbies appoints new chairman

Midlothian Capital Partners, the new owner of Dobbies Garden Centres, having acquired the chain for £217m in June of this year, has appointed one of its Partners  - Andrew Bracey - as chairman.

He replaces John Allan who has held the role since March 2015. 

In July 2016, Dobbies named John Cleland as the new CEO of the business, replacing Andy King.

Prior to founding Midlothian Capital Partners Andrew had a 24-year career in corporate finance, private equity and public companies. Most recently, he was Chief Financial Officer of Michael Page PLC. Prior to this, he was CFO at Ocado Group PLC, helping the company through its IPO in 2010. Before joining Ocado, Andrew was head of Barclays Capital PIA, where he led a number of transactions, including Somerfield and Alliance Boots. Prior to this, Andrew held senior banking positions at UBS and Credit Suisse, where he focused on retail M&A.

Andrew Bracey said: “I’m very enthusiastic about the business as well as its potential and therefore I’m delighted to be joining as chairman, to support John and the team, and to help steer Dobbies to further growth,” 

CEO John Cleland said: “Andrew has a many years of experience in retail and has a genuine passion for Dobbies, both of which will be a huge benefit to the business as we create a stronger, market-leading company.”

Source : Insight DIY

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