J & P News

**R* M* M* <r*@comcast.net>**

This AP story  today's paper  here in Oregon.
Rose Marie Nichols McGee

Oregon pear marketing company to sell rose business
Advertisement

MEDFORD, Ore. (AP) -- Harry & David Holdings Inc. says it has agreed to 
sell its Jackson & Perkins rose business to two groups for a total of 
$49 million.

Harry & David, which sells pears and other produce and gifts through 
catalogs and the Internet, said it decided the rose operation didn't 
mesh with the business that traces its roots to a Medford-area pear 
orchard planted in 1886. Brothers Harry and David Holmes launched the 
brand in 1934.

"Having determined that it did not fit with our long-term goals, we are 
pleased that this divestiture will allow us to focus on our core 
businesses and further strengthen our financial position," President 
and CEO Bill Williams said in a statement Monday.

Harry & David said the Jackson & Perkins brand and business operations, 
catalog and Web site would be sold to an investment group led by Donald 
and Glenda Hachenberger, who own several horticultural businesses.

About 3,200 acres in Wasco, Calif., buildings and equipment are to go 
to a private investment group in California, the company said.

The transactions are expected to close by June 30.

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