This year may have been somewhat quieter on the acquisitions front than 2012, but the final quarter is looking a lot more promising for future trading.
At this moment in time, nursery chains can afford to take an optimistic view of their businesses. Those that have come through the recession – and particularly those that have consolidated – are looking forward to future growth based on the well-documented baby boom and an improved economy.
The significance of consolidation was highlighted by Laing and Buisson’s annual market report, which pointed to growing ‘corporatisation’ of the sector, with nursery groups growing their market share by an average of one per cent each year.
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