Wyevale Garden Centres today announces the sale of its Woodcote Green Garden Centre to Dobbies Garden Centres.
Woodcote Green is the third largest garden centre in the UK market. The news follows Dobbies Garden Centres? acquisition of five other WGC garden centres earlier this month.
Located in South London, WGC bought the centre in 2016. They ran it as a stand-alone entity within the Wyevale Group.
Roger Mclaughlan, Chief Executive of WGC, said: ?We are pleased to have agreed the sale of Woodcote Green to Dobbies. They’re one of the UK?s biggest and most experienced garden centre operators.
“We would like to thank our great colleagues at this centre, who have made a huge contribution to the business. We wish them well for the next stage of their growth and development under Dobbies? ownership.?
Graeme Jenkins, CEO of Dobbies, said: ?The acquisition of Woodcote Green represents another step in our growth plan. It expands our footprint in the South of England.
?There is a great team at Woodcote Green who have succeeded in creating one of the UK?s best garden centres. We very much look forward to welcoming them to the Dobbies? family.?
The sale will complete at the end of this week. It brings Dobbies Garden Centres? estate to 40 centres across the UK. Woodcote Green will become the largest garden centre in the Dobbies Group.
Anthony Jones, Chief Financial Officer of WGC, said: ?Since the launch of the sale process in May we have already sold 29 centres. We are currently evaluating a wide range of competitive offers. We look forward to further positive discussions with all potential buyers.?