In line with its development strategy, SBM Life Science is considering the acquisition of BHS’s Garden business, through a draft agreement to be signed following the consultation procedure with its authorities. Integration could be envisaged from April 2020.
This acquisition offers an excellent complementarity of ranges and allows SBM Life Science to open up new categories such as lawn seeds and mineral fertilizers, in addition to its ranges of natural fertilizers, growing media, plant protection products and biocides. SBM is thus strengthening its position on the French market by consolidating its offer on the LISA (Self Service Agriculture), Garden Centers and DIY networks.
BHS products and brand fit perfectly into SBM Life Science’s strategy, alongside Solabiol®, Protect Expert®, Caussade®, NutriOne® and Thermacell® brands.
“The integration of BHS, a brand recognized in the market and a specialist in ornamental gardening and lawn care for more than 30 years, allows us to offer a broader range of products to our customers, and in particular to support consumers at every stage of the creation and maintenance of their lawns” explains Alexandre Simmler, CEO of SBM Life Science Global.
“This agreement with SBM, an independent, family-owned French group with whom we share common values, will enable to perpetuate the know-how of our emblematic brand on the French market,” announced Yann Le Calvez, CEO of BHS.
In addition to the acquisition of BHS’ garden business, the two companies have agreed to a long-term partnership to :