Tesco confirmed today that it has sold its Dobbies Garden Centres business for £217m, as the retailer continues to divest.
Chief executive Dave Lewis joined Tesco in 2014 when the firm was in crisis, its profits battered by market share losses at home to discounters Aldi and Lidl.
A damaging accounting scandal was then uncovered shortly after his appointment.
He is focused on reviving Tesco's main grocery business in Britain and also wants to cut debt to rid the group of its junk credit rating.
This month Tesco agreed on the sale of its Turkish business and the Giraffe restaurant chain in the UK.
Last year, Lewis sold Tesco's South Korean arm for $6.1 billion, which means the firm now only has overseas businesses in Ireland, Thailand, Malaysia and central Europe.
Tesco bought Dobbies in 2007, and it grew to become the UK's second largest specialist garden centre retailer, operating from 35 locations. It contributed £17m to Tesco's profit in 2015-16.
It has now been sold to an investor group led by Midlothian Capital Partners and Hattington Capital.
"We believe this agreement will give Dobbies a bright future, while allowing our UK retail business to focus on its core strengths," Tesco CEO Dave Lewis said.
In April, Tesco reported its first rise in underlying operating profit in four years and its first quarter of underlying UK sales growth for more than three years.
However, shares in Tesco are still down 27% year on year.
Tesco is due to update on its first quarter trading on June 23.
