Announced

Central Garden & Pet to acquire Hopewell Nursery.

Synopsis

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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