Finance

Sussex nursery Barnsfold is sold to owner of Squire's garden centre group

Published by
Simon Toft

Hove-based EMC Corporate Finance has advised the directors and shareholders of Barnsfold Nurseries Ltd, a long-established growing nursery in Sussex, on the sale of the business.

The new owner is D. J. Squire & Co Ltd, which operates Squire's garden centres across the south east.

The deal will see the existing management team at Barnsfold remain in place and the company will continue to seamlessly supply its existing customers as part of the Squire Group.

Squire’s is a family-run business and has great synergy with the Horsham-based Barnsfold operation - both companies are looking forward to an exciting future together.

Barnsfold Director John Turner said: “The growing nursery and garden centre sector has seen some significant changes in recent years and we see this as a further dynamic step for Barnsfold and Squire’s that will enable us both to continue to offer the best service and high quality products to our customers in the years to come.”

John added: “Engaging and working with Terry Rainback and Mike Gibbs at EMC proved to be an essential part of achieving our objectives and we are grateful for their support throughout the transaction process”.

Terry Rainback at EMC commented: "It was a pleasure working with John, Peter, Nigel and Debbie at Barnsfold and we are delighted to have supported them throughout the journey. 2023 is definitely the beginning of an exciting future together for Barnsfold and Squire’s.”

Barnsfold was supported by Terry Rainback and Mike Gibbs of EMC Corporate Finance, David Gordon and Daniel Jenking of Mayo Wynn Baxter and Sarah Ediss of Kreston Reeves.

Squire’s was supported by Azets Corporate Finance and Womble Bond Dickinson.

READ MORE: Azets acquires Dorset medical accountancy firm

Picture: The Barnsfold Nurseries team

Simon Toft

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