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Hillview Garden Centres acquires Matlock’s Scotland Nurseries

Scotland Nurseries and Garden Centre website 725 x 500

Hillview Garden Centres has expanded its network with the acquisition of a centre in Matlock, Derbyshire.  

Scotland Nurseries Garden Centre has been operating for over 300 years and currently occupies a ten-acre site near the village of Tansley. For the last 30 years it has been run by Peter and Yvonne Reynolds.

The acquisition brings Hillview's network to a total of ten garden centres across central England, with branches in Northamptonshire, Worcestershire, Buckinghamshire and Derbyshire,

Hillview Garden Centres chief executive officer Boyd Douglas-Davies said: "This is a very well run, family, garden centre business which fits very well within our existing portfolio, not only geographically, but also in the way it has been developed, we’re looking forward to investing in the business to take it to the next stage."  

Peter Reynolds said: "We've thoroughly enjoyed our time at Scotland Nurseries, but it is time to move on and work on our other business interests. We thank our customers and staff in particular for their help and assistance in creating the business we hand over today. I’m delighted that the rest of the team will be staying to work with Hillview on developing the potential of the site."   

Gilbert Evans, a specialist garden centre property advisory firm, handled the sale.  Mike Gilbert said:

"There is a good demand for well-run centres across the country at present," adding, "the market is as strong as it has been for many years."  

Hillview Group’s MD, Nadav Livni, said:

"The progress made by Hillview Garden Centres since 2011 has been excellent and we’re very keen to see the business grow further through the acquisition of single sites and portfolios, as well as the ongoing investment programme across our existing portfolio to create attractive family friendly destination centres. Scotland Nurseries is a great addition to the group as it has a strong business and room to grow."

Source : Insight DIY

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07 June 2016

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