Caledonia Investments takes 16% of Blue Diamond with capital injection
Caledonia Investments PLC on Friday said it had completed its investment in Guernsey-based garden centre operator Blue Diamond Ltd.
London-based Caledonia invests in public and private companies globally. It said last month that the capital injection will support Blue Diamond's growth in a "large and fragmented" market, which it noted has "significant consolidation potential".
It has invested £60 million into Blue Diamond, including £40 million for future growth initiatives, and £20 million for shareholder liquidity, giving Caledonia a 16% diluted stake in the garden centre company.
Caledonia and Blue Diamond have also agreed to a framework under which an additional £40 million will be made available to Blue Diamond over the next five years, which is expected to fund acquisitions and investment in its existing sites.
According to Caledonia, Blue Diamond generated around £395 million in revenue in 2025, as well as earnings before interest, tax, depreciation and amortisation of around £47 million.
Caledonia Investments shares fell 0.8% to 371.96 on Friday morning in London.
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