Essential reading for retailers and suppliers in the home improvement market

Dobbies offer on the table

Published: 7 June 2007
The spotlight is on Sir Tom Hunter this week after private equity house Apax revealed it was ready to pay an estimated £143m for the garden centre chain.
Dobbies offer on the table
Sir Hunter's investment agent West Coast Capital has also accumulated a 10.6% stake in Dobbies and it has been widely rumoured for months that he may put in a bid for the chain.

Apax, which bought Swedish garden centre chain Plantagen last December is said to be attracted to the fact that Dobbies owns the land on which its 21 stores are situated, estimated at £240m.

Before the retailer issued a statement confirming it is in buy-out talks, Dobbies stock market value was reported as £120m. The firm also said last month that it saw the potential to open a further 75 stores over the next ten years.

Comments


(Your email address will not be published)
9 + 6 =  
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

Latest reader comments

re: Latest update on Green Homes Grant and implications for homeowners and landlords

John Hart
After applying for a green homes how long will it take for a decision? thanks...

re: SX Rainproof Exterior Caulk

Wally
I need the exterior sx rain resistant caulk! Can't get it anywhere so please help! How can I order it? Need it yesterday...

re: BCT can replicate any material in a ceramic tile

Christina Tiritanou
Not sure if you can help as I require a tile which has the measurements of 6”x 6”? Thank you....

re: Latest update on Green Homes Grant and implications for homeowners and landlords

colin thompson
SarahVery clear and helpful information.Thanks...

Most read stories