June 6th, 2019 Natixis Partners has advised InVivo Retail in a sale & lease-back operation of 26 garden centers in southwestern France to InterGestion, a French real-estate investment company
InVivo Retail, InVivo Group’s multi-business, multi-brand and multi-channel distribution division, is present in three sectors: garden centres, food distribution and pet shops.
With 1402 points of sale (including 198 outlets and 1204 franchises), InVivo Retail posted net sales of €2.27billion in fiscal year 2017-2018. With the recent acquisition of Jardiland, Gamm vert and Delbard, InVivo Retail has become a European market leader in garden centres, garden living and pet supplies.
This operation will help InVivo Retail to redevelop its outlet retail strategy and to strengthen its position as a leader in French gardening retail through the expansion of commercial offering and the continuous improvement of the customer experience.‹ Back to news