26 July 2018
Terra Firma’s Wyevale Garden Centres announces sale of eight garden centres to Blue Diamond
Terra Firma Capital Partners Fund III portfolio company Wyevale Garden Centres (“WGC”), the UK’s biggest garden centre operator, has announced the sale of a portfolio of eight garden centres to Blue Diamond.
Justin King, Vice Chairman of Terra Firma and Head of Portfolio Businesses and Chairman of Wyevale Garden Centres said:
“Terra Firma is delighted that Wyevale Garden Centres has agreed the sale of ten centres including a portfolio of eight to Blue Diamond. Following the launch in May of a formal sale process for Wyevale Garden Centres through Christie & Co, Terra Firma has received a significant number of offers for all or part of the remaining Wyevale Garden Centres business from national, regional and financial operators as well as local entrepreneurs. We are currently evaluating these offers.”