Hydrofarm to acquire Aurora Innovations for $161m.

Hydrofarm, an independent distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture, agreed to acquire Aurora Innovations, a Eugene, Oregon-based manufacturer and supplier of organic hydroponic products, for $161m. "We are pleased to welcome Aurora into our portfolio of quality brands, as our momentum continues to build on the acquisitions front. Aurora has blazed trails for earth-friendly growers, and their Roots Organics line is very popular – a standout for its focus on microbe stimulants. Aurora’s pioneering R&D lab work in plant nutrition over the past 10-plus years has led to the development of innovative products that improve yields for growers, while simultaneously advancing science in a meaningful way," Bill Toler, Hydrofarm Chairman and CEO.