UK DIY News
Wyevale Garden Centres Announces Sale of Two Centres
Wyevale Garden Centres (WGC) announce the sale of two centres in two separate transactions. Springfield Garden Centre is being sold to Longacres Garden Centres and Par Garden Centre to Maidenhead Aquatics, following its purchase of Dummer Garden Centre in June 2019.
Both centres will continue to be run as garden centres. The sales are expected to complete during August and September respectively.
Anthony Jones, Chief Operating Officer at WGC, said:
“We are pleased to announce the sale of two more centres; one to a respected garden centre operator and one to an experienced concession partner. I would like to take the opportunity to thank our colleagues at Springfield and Par Garden Centres who have worked so hard for us over the years, and wish them all the best under new ownership.”
Nigel Long, Managing Director of Longacres Garden Centres, said:
“We are delighted to expand the Longacres group through the acquisition of the Wyevale Garden Centre’s Springfield centre in Chelmsford. Longacres is a multi-generation, family-run business and we are looking forward to bringing our fifth site and new team members on board.”
David Lawrence, Managing Director of Maidenhead Aquatics said:
“Maidenhead Aquatics are pleased to have acquired Par Garden Centre. We intend to run the centre as a traditional horticultural garden centre and very much look forward to welcoming and working with the existing team.”
Following the completion of this and other previously announced sales, WGC will trade 32 garden centres plus 6 centres trading under license. These include 30 restaurants and 117 concessions with 114 partners.
Source : Insight DIY Team and Wyevale Garden Centres
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