Essential reading for retailers and suppliers in the home improvement market

Two Dobbies centres sold to Caulders

Published: 18 June 2019 - Kiran Grewal

A Caulder & Co Limited, the owner of Caulders Garden Centres, has made two fresh acquisitions with financial backing from Clydesdale Bank. The company has acquired Dobbies Garden Centres in Kinross and Cumbernauld, growing its portfolio of garden centre businesses to seven from five, as it continues to expand its footprint across Central Scotland.

The business has said it is now investing significantly to refurbish both of the sites, including development of the restaurant facilities, to provide improved outlets for local communities in both towns. It has also retained all its staff across existing operations, now employing over 250 people across its outlets throughout the region.

 


Established in 1999 with two part time staff, Caulders has since expanded rapidly, doubling its levels of turnover in the past five years alone through purchases of other garden centre and restaurant businesses in Cupar, Mugdock, Kirkintilloch, Braidbar and Erskine.

Despite the sell, Dobbies Garden Centres has expanded its own portfolio with the acquisition of 31 Wyevale centres, which increased the Dobbies estate to 69 centres and making it the largest garden centre operation in the UK.

Colin Barrie, founder of Caulders, said: “Clydesdale Bank’s continued support as we looked to expand yet again into new territories was hugely appreciated as we worked with them on this transaction.

“We are putting significant capital into enhancing the premises in Cumbernauld and Kinross and they will each play a key role in our growth strategy, helping us to provide a strong alternative to large corporate retailers for customers in Scotland. We remain committed to building strong customer relationships and providing employment opportunities for local communities.”

Jim Wales, commercial relationship manager at Clydesdale Bank, who delivered the deal, said: “It’s been a pleasure to help Caulders grow their business over the years and this latest chapter is no exception. The founders, Colin and Mandy, have clearly proven themselves to be exceptional operators in their sector by establishing a range of successful outlets, a feat of which they can be proud.

“As a Bank, we have a strong history of support for family businesses across Scotland. We’re a lead sponsor of the Herald Family Business Awards each year and we fully appreciate how important these enterprises are for Scottish economic prosperity, as they account for 69% of all businesses in the country and around half of all private sector jobs.”
 

 

 

Comments


(Your email address will not be published)
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

What do you think?


How have outdoor living lines been performing for you this season?




Latest reader comments

re: Quick and easy wood treatment oil from Frogsuit

Beverley
Hi, please confirm if Frogsuit can be used on all external wood doors and sheds.RegardsBeverley...

re: Quick and easy wood treatment oil from Frogsuit

Chris - Frogsuit Ltd
Hi Arthur, thank you for your query. Depending on the product and the type of wood you may need to prepare the items prior to application. ...

re: Kingfisher appoints new CEO

B&Q bob
Not good news for BQ staff supermarket bosses have little respect for staff or staff retention, also see every opportunity to increase ...

re: Quick and easy wood treatment oil from Frogsuit

Arthur
Hi, I watched your slot on QVC this morning and was quite impressed. However, I do have a question. The slot demonstrated Frogsuit being ...

re: Women line up for B&Q DIY classes

Linda Harman
Are there any ladies DIY classes near Burnham on Sea Somerset...