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GROSVENOR GARDEN CENTRE BOUGHT BY
BLUE DIAMOND

   

 

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Northern Polytunnels 16 April 2012

Blue Diamond have bought the Grosvenor Garden Centre from the Duke of Westminster. They now own 14 UK garden centres.

Entrance to Grosvenor Garden Centre
Grosvenor Garden Centre

The purchase confirms Blue Diamond's status as the third largest garden centre owner in UK. Purchase negotiations have been ongoing for the past 18 months. Click here for our recent full review of the Grosvenor Garden Centre. The annual turnover of the Blue Diamond Group will be an estimated 62 million.

Currently the Grosvenor Garden Centre has a turnover of 6 million and the new owners hope to quickly increase this to 8 million. The land the garden centre stands on will remain in the hands of the Duke of Westminster with the lease to Blue Diamond being for a long 35 years. For the past three years the garden centre has been running at a loss, one of the key reasons for the sale to Blue Diamond.

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