Scotts and Solus partnership is called off
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Scotts has announced that it is no longer in negotiations to join forces with Solus Garden & Leisure, whose brands include Bermuda aquatic products. The proposed deal announced earlier this year, will now not go ahead. Scotts Miracle-Gro Managing Director, Martin Breddy, said: “Our distribution agreement with Solus has expired. Stock is available via Decco, Stax or Scotts. Customers should contact a Scotts representative to agree new arrangements that suit them best. Our single-minded focus is on delivering outstanding service to all our customers for the balance of the 2014 season.”
Martin told Pet Trade Xtra: "The Scotts sales team are in contact with our customers to ensure continued supply of all products." The statement from Scotts went on to say: "No further stock will be dispatched to Solus. No further Growing Media orders will be invoiced by Solus." Solus Garden and Leisure issued a statement late on Wednesday afternoon saying that "regretfully" it was no longer in negotiations to join forces with the Scotts Company (UK) Ltd. Solus CEO Mark Pearson said: “We are disappointed that our discussions with Scotts have not been fruitful but remain positive about the future of the company.
"The Board and the Shareholders are pursuing a number of other options for the business and we will communicate our plans in due course.’’
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