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Scotts Miracle-Gro Continues Acquisition Spree With Two Deals Worth $225M, Lowers Sales Outlook For Hawthorne

Scotts Miracle-Gro Continues Acquisition Spree With Two Deals Worth $225M, Lowers Sales Outlook For Hawthorne

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Scotts Miracle-Gro (NYSE:SMG) reported Tuesday that it has acquired Luxx Lighting, a provider of high-performance cultivation lighting, for $215 million. The Ohio-based company also announced that it is purchasing True Liberty Bags, the industry’s leading provider of liners and storage solutions to dry and cure plant products, for $10 million.

...read full article on Benzinga

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