Wisbech St Mary nursery Delamore has been sold to a German company in a deal announced today.
Delamore, which employs up to 200 workers at peak periods, promised there would be no job losses.
The 55 year-old Fenland nursery expects to expand its core business following the take over.
Volmary Gmbh has bought the entire issued share capital of the business including that of managing director Wayne Eady.
Mr Eady said the German firm “sees this acquisition as a key part of their European expansion plans and see a permanent base in the UK as very important to their continued growth plans.”
Mr Eady said: “I am delighted with this recent development in our company’s long and successful history and am pleased to be a part of it.
“I have known and respected the core values of Volmary for many years and it was great when we were able to agree to work together for the long run.
“This recent development will enable our company to continue with our sales expansion plans and to bring a more comprehensive range of products to our customers.”
He said: “Having new partner backing from a horticultural business, with international production and research facilities will provide many benefits to our customers, who will benefit from the added expertise that comes alongside.
“We can now use more specialised production facilities worldwide that suit the specific variety of plant.
“We have some fantastic plans for the future that will enhance the customer’s experience of working with Delamore and will provide our employees with security and opportunities for the future.”
Three years ago Delamore developed the Fenland Horticultural Training Academy.
Working with Fenland District Council and the Local Enterprise Partnership, Delamore secured £200,000 of funding, along with investing over £200,000 of its own money to build the new classroom and state-of-the-art training glasshouse in a bid to develop and ‘grow’ skill levels within Fenland.
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