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Vardis Supports Gardman Group

Vardis Proud To Support the Gardman Group, TPG Capital & Goldman Sachs In Appointing Stewart Hainsworth As CEO

Gardman Group Ltd., the UK’s leading provider of gardening sundries and wild bird care products, has announced Stewart Hainsworth joins as CEO from the beginning of September.  Stewart is a former main Board Director of the FTSE 100 listed Gallaher Group and has gained over 16 years of general management and Chief Executive experience within the Consumer Goods market with both publicly listed and private equity backed businesses.

More recently Stewart served as Chairman of the private equity backed “Ready to Drink” business, Bravo Premium, before becoming the CEO of Russian Standard Vodka distributing into both Independent and Multiple retail channels. Stewart brings to Gardman an enormous wealth of experience in branded consumer goods in both the UK and International markets, together with a strong understanding of multi-channel distribution challenges.

Stewart, who will be based out of the Head Office in Moulton, commented "I am delighted to be joining at this exciting stage of the company’s development and look forward to building the plans for future growth with the team at Gardman. Benefiting from the continued support from our investors and the strong trading history with our trading partners in the gardening sector, I’m confident that we can build on the already considerable success Gardman has enjoyed in the past."

In recent months Gardman has reinvented itself in what is today an extremely competitive market. The company’s early success was built on its philosophy of making sure its wide range of products was very competitively priced and then further driving sales through excellent promotions. Gardman has returned to these trading roots and, using its acknowledged industry and retailing expertise, is working collaboratively with its agents and customers as they increase sales volumes and boost profits.

"We are delighted to welcome Stewart to the company," explained Jonathan Halford, Chairman of Gardman. “This appointment represents the next step forward in our strategy of focusing on trading our core categories harder for the benefit of our customers and their consumers. We expect him to make significant contributions to the future growth of our business."

In December 2012 the operating businesses within the Gardman Group were sold to an investment consortium led by Goldman Sachs and TPG.

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