Hydrofarm Acquires House & Garden, Increasing Its Plant Nutrient Lines

Hydrofarm announced it has entered into an agreement to acquire House & Garden, Inc., Humboldt Wholesale, Inc., Allied Imports & Logistics, Inc., and South Coast Horticultural Supply, Inc., collectively known as House & Garden.

This announcement follows Hydrofarm’s recent acquisition of nutrient manufacturer HEAVY 16.

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“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,” says Bill Toler, Chairman and Chief Executive Officer of Hydrofarm. “House & Garden’s expansive distribution network across nearly 40 states and ten countries provides a tremendous opportunity for us to extend our global reach and market penetration.”

Under the terms of the transaction agreement, House & Garden will become a wholly owned indirect subsidiary of Hydrofarm Holdings Group, Inc.

“We admire Hydrofarm’s deep roots as a leader in the hydroponics industry,” says Steven Muller, Founder of House & Garden. “We share a vision for a greener, prosperous, and sustainable future as we capitalize on this pivotal moment for indoor plant cultivation that’s been fueled by consumer behavior and shifting legislative tailwinds in markets across the country.”

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This acquisition continues Hydrofarm’s strategic efforts to acquire branded products in keycontrolled-environment agriculture product categories. The strategic combination of Hydrofarm’s leading distribution platform with the House & Garden and Mad Farmer brands is expected to drive further growth across the combined company’s global customer base. Hydrofarm expects House & Garden to generate approximately $55 million in net sales across the full calendar year 2021.

The House & Garden brand lineup including its popular Root Excelurator additives and the Mad Farmer brand, will become the second and third house brands added via acquisition to Hydrofarm’s product portfolio this year.

Hydrofarm intends to continue expanding its lineup of proprietary branded products in the lighting, climate control, nutrients, and growing media categories via acquisition and in-house innovation.

 

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