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New Deal


Announced

Central Garden & Pet to acquire Hopewell Nursery.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

United States

Single Bidder

Acquisition

Majority

forestry

Domestic

Forestry

Private

Friendly

Synopsis

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Central Garden & Pet, a company operating in garden and pet industries, agreed to acquire Hopewell Nursery, a live goods grower serving retail nurseries, landscape contractors, wholesalers and garden centers. Financial terms were not disclosed. “We are pleased to welcome Hopewell Nursery into the Central Garden & Pet portfolio and further expand our live goods business. Acquisitions are a key focus of our new Central to Home strategy, and we believe adding Hopewell to our portfolio will help us build scale, enter priority adjacencies, and better serve consumers with more high-quality live goods offerings," Tim Cofer, Central CEO.

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