From the moment Gardman was founded in 1992 by Paris Natar, the company was very successful, achieving sales of £1.4 million by the end of its first financial year. Its turnover has now reached £80 million and Gardman is firmly established as the UK’s leading supplier of 4,000 growing, garden living, wild bird care and pet care products to garden centres.
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In December 2007, Barclays Private Equity, the pan European and mid market private equity house, acquired a major stake in Gardman and four years later Equistone took over the management of Barclays Private Equity Funds through an MBO. In December 2012 Gardman successfully completed a financial restructuring of its group. The restructuring, which involved its four operating companies in the UK, the USA and Australia being acquired by a new parent company, GGML Ltd, which is in turn owned by Gardman Group Limited, included a balance sheet restructuring and a substantial reduction in the Group’s debt.