The business and assets of a garden centre in West Yorkshire have been sold out of administration, safeguarding jobs for all 45 staff.
Whiteleys Garden Centre in Mirfield near Huddersfield has traded for more than 25 years and sells a range of plants, garden furniture, as well as pet and aquatics supplies. Its annual turnover is estimated to be over £2m and assets include its freehold site and significant levels of stock.
The business was placed in the hands of joint administrators Julian Pitts, Bob Maxwell and Andrew Dick of Begbies Traynor last November. The administrators continued to trade the garden centre without making any redundancies while a buyer was sought.
It has now been bought by a private investment vehicle chaired and managed by lawyer and turnaround adviser Chris Jones. The purchase was funded by Reward Capital, led by partner Dave Jones, who was advised by Marie Pugh of Clarion.
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