The Hole family has sold Hole's Greenhouses & Gardens after 68 years in the business.
The greenhouse will be taken over by TEC Property Inc. as of Jan. 1, 2020.
“It is an emotional time for our family and we’re excited for the next step. It’s a privilege to share knowledge of gardening with the community for such a long time and we will continue to do so," said Jim Hole in a news release Monday morning.
Nearly 50 years ago, Ted and Lois Hole transformed their red barn into the family’s first retail store. In 1979, Jim, his brother Bill and his sister-in-law Valerie took over the company and expanded it to become one of the largest independent retail garden centres in Canada. In 2009, Hole’s began construction on the Enjoy centre, with added space for businesses to lease. In 2015, the centre was sold to focus on the greenhouse business.
The family name will remain on the building. The Hole family will stay on at the greenhouse to help with the change until June 30, 2020. All staff will stay on and will continue to pass on expert advice to the community. Sale of the greenhouse business is effective Dec. 31, 2019. TEC Property Inc., the owner of the Enjoy Centre, will take over management of the business and will work with the Hole family in transition for the 2020 season.