Sanders Garden World brought into Wyevale fold - UPDATE
Published: 1 September 2007
A spokesperson for Sanders Garden World has confirmed reports that the Somerset garden centre has been bought by Wyevale.
The spokesperson said managing director Peter Burks broke the news to staff yesterday afternoon.
A full announcement is expected on Monday, September 3.
Update - Sunday, September 2
Sir Tom Hunter has since declared his involvement in the Sanders World deal saying he is keen to keep building his garden centre empire – and is planning further acquisitions later this month.
The Sanders World purchase (between £10-20m) is expected to add £25m to Wyevale's turnover, however, significantly, the centre has more than 30 acres suitable for expansion.
A spokesperson for West Coast Capital told The Scotsman newspaper it is the investment group's intention to have 60 such destination sites in the next three to five years.