BVG subsidiary Thompson and Morgan has acquired 100 per cent of the share capital of Suttons Seeds Ltd and its three horticultural brands, Suttons, Dobies and the Organic Catalogue. Suttons is set to remain in South Devon with, we understand, all jobs retained.
Chris Wright, joint managing director of Thompson & Morgan said: “The combined horticulture, eCommerce and multichannel marketing skills of these renowned brands are forecast to generate over £80m in revenues in FY21, dwarfing the nearest online competitor and enabling the group to offer consumers the largest range, best prices and service to the gardener.”
David Robinson managing director at Suttons, who along with his co-director Rufus Roberts is retaining a single brand, National Bee Supplies, said: “We are delighted that Suttons has found a new home with Thompson and Morgan which not only ensures the continued growth and success of Suttons but also retains the business in Paignton. Rufus Roberts and I have enjoyed the enormous privilege to own and run this wonderful company since 2014 during which time we have worked with an incredible team of people who will now continue their journey with T&M after a short handover from ourselves.”
Thompson and Morgan has launched T&M Marketplace, a new platform which allows participating businesses to sell their products via the T&M website. Suttons brands will be participants.
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