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Central Garden & Pet (CENT, CENTA) said that it agreed to acquire Green Garden Products , previously known as Plantation Products, from private equity firm Freeman Spogli & Co and other shareholders for $532 million.


RTTNews | Dec 31, 2020 09:20AM EST

09:19 Thursday, December 31, 2020 (RTTNews.com) - Central Garden & Pet (CENT, CENTA) said that it agreed to acquire Green Garden Products , previously known as Plantation Products, from private equity firm Freeman Spogli & Co and other shareholders for $532 million.

Established in 1980, Green Garden currently employs over 180 full-time employees. It, headquartered in Norton, Mass., is a provider of vegetable, herb and flower seed packets, seed starters and plant nutrients in North America, shipping over 250 million seed packets annually. The company's portfolio of well-known and trusted brands includes Ferry-Morse Home Gardening, Jiffy Seed Starting, SUPERthrive Plant Nutrients.

The transaction is expected to close in the second quarter of fiscal 2021.

Read the original article on RTTNews ( https://www.rttnews.com/3157005/central-garden-pet-to-acquire-green-garden-products-for-532-mln.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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