Flying Brands completes Garden Centre Online acquisition

Flying Brands has completed the acquisition of Garden Centre Online – an internet retailer selling gardening hardware products.

Flying Brands says the consideration to be paid is expected to be £0.13m.The turnover of the business in the 12 months to August 2009 was £1.25m which generated a loss before tax of £0.11m. Sales to the end of August this year are expected to be similar with a small loss before tax.

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