Announced
Financials
Sources
Tags
United States
Private
Pending
Fertilizers
Acquisition
Domestic
Majority
Single Bidder
plant nutrients
Friendly
Synopsis
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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