Announced
Completed
Financials
Tags
gardening products
Friendly
United States
Private Equity
Acquisition
Single Bidder
Private
Majority
Domestic
Chemicals: Diversified
Completed
Synopsis
Central Garden & Pet, a gardening products and pet products provider, completed the acquisition of Green Garden Products, a supplier of branded consumable gardening products, from Freeman Spogli, a private equity firm, $532m. "As a company that has historically focused on the early season gardener, we feel that this combination can now provide an opportunity to deliver new products and experiences throughout the entire journey of the gardener. In addition, this transaction is a testament to the outstanding work of our associates and our management team, and an acknowledgement of the excellent partnerships that we have established with our retail customers, suppliers, and Freeman Spogli & Co., who, in particular, has been an excellent and very supportive partner over the last six years," Michael Pietrasiewicz, Green Garden Products President and CEO.
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