Interflora’s UK business sold in £47m deal

Sleaford-based Interflora UK has been sold to US firm Teleflora, the world’s largest floral services provider.

The deal has been valued at £47m.

“We’ve been very impressed by the strength of Interflora’s brand in the UK, their management team, and their network of high-quality florists,” said Jeff Bennett, president of Teleflora.

He added: “We have complementary businesses, as Interflora prioritizes their retail florists, and we’ve long held a strategy of putting our retail florists first.”