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New Deal


Announced

Hydrofarm to acquire House & Garden for $125m.

Financials

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Transaction Value£88m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private

Pending

Fertilizers

Acquisition

Domestic

Majority

Single Bidder

plant nutrients

Friendly

Synopsis

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Hydrofarm, an independent distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture, agreed to acquire House & Garden, which produces and distributes premium-grade plant nutrients and fertilizers across the globe, for $125m. “House & Garden offers a strong product line of plant nutrients that will strengthen our position in the nutrient sector and complement our rapidly expanding portfolio of premium products for controlled environment agriculture. House & Garden’s expansive distribution network across nearly 40 states and 10 countries provides a tremendous opportunity for us to extend our global reach and market penetration,” Bill Toler, Hydrofarm Chairman and Chief Executive Officer.

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