NWF Group PLC
1 February 2000
NWF Group plc
(Diversified Industrials)
ACQUISITION OF WHEATCROFT GARDEN CENTRE IN NOTTINGHAM
The NWF Group has acquired the business of Wheatcroft Garden
Centre, located on the Southern outskirts of Nottingham. The
Garden Centre occupies a 9 acre site which will be leased for
a period of 35 years from the owner, Chris Wheatcroft, who has
developed the business from the rose-growing origins founded
by his father, Harry Wheatcroft. The Garden Centre has a
turnover of approximately £3m and employs some 50 staff.
Graham Scott, the Chief Executive, commenting on the
acquisition said:
'From its origins as a rose growing nursery founded by Harry
Wheatcroft, it has been developed by his son, Chris
Wheatcroft, into a high quality garden centre with an
impressive reputation.
'With the increased plant growing capacity at Rivendell Garden
Centre, which was successfully integrated into the Group last
year, we will be supplying a proportion of the plants to the
Wheatcroft Garden Centre and we are confident that this will
prove to be an excellent acquisition for NWF.'
For further information contact:
Graham Scott (Chief Executive) 01829 260 260
Binns & Co Public Relations
Brian Coleman-Smith / Bruce Croxford 0207 786 9600
http://www.nwf.co.uk
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