Thursday, June 25, 2015 3:29:08 PM
"With this state of the art facility in place we have measured our water usage at .78 gallons per head, vs. the National Standard of 15.4 gallons per head. This lowers our consumption of water by 95% with ability to sustain our production year round."
Scotts’ hydroponics deal was its biggest in 16 years!!!
Scotts Miracle-Gro Co. spent about $130 million to buy California’s General Hydroponics Inc., Columbus Business First has confirmed, marking the company’s biggest acquisition since a European expansion push in the 1990s.
Marysville-based Scotts, through its new subsidiary Hawthorne Gardening Co., announced the acquisition of General Hydroponics last week but did not disclose the purchase price.
Executives said during a recent meeting with analysts, however, that they were close to a $130 million deal in the hydroponics industry. A Scotts spokesman confirmed to me the final purchase price is around that figure
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