A group of shareholders have sold their stake in R Delamore Limited to a management buy-out team.
R. Delamore Limited is a leading UK-based branded and propagator of young garden plants. The business was founded over 40 years ago as a producer of young chrysanthemum plants and in 1985 was awarded a Royal Warrant to supply the Queen. In 1990, Peter Wood led a management buy-in of the business, with backing from the private equity firm, 3i. Since then the business has grown substantially and it now raises over 750 varieties of young plants.
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