Unlike many other markets in the UK, which are already slowing significantly as a result of the economic squeeze, the nursery sector remains resilient. However, the business picture is becoming increasingly complex, and those looking to buy or sell will have to adapt to a changing landscape.
‘Overall, global and national mergers and acquisitions (M&A) activity is declining,’ says Arun Kanwar, partner at Cairneagle (pictured). ‘Partly, this is a reversion to normality after a very hot market last year. But the market is also more challenged, with interest rates going up and more economic uncertainty. However, in the nursery market, it’s remained incredibly buoyant.’
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