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Hydrofarm Enters Into Agreement to Acquire Premium Nutrient Maker HEAVY 16, Announces Preliminary Financial Results for First Quarter 2021

Message : Required fields FAIRLESS HILLS, Pa., April 26, 2021 (GLOBE NEWSWIRE) Hydrofarm Holdings Group, Inc. (“Hydrofarm”) (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics equipment and supplies, announced it has entered into an agreement to acquire Field 16, LLC, the manufacturer and distributor of HEAVY 16, a line of premium plant nutrients (collectively “HEAVY 16”). The company’s first acquisition since its December 2020 initial public offering, the move further enhances Hydrofarm’s already robust portfolio of high-performance, innovative and proprietary branded products in the lighting, climate control, nutrients and growing media categories. “As a leading hydroponics company, a key component of our growth strategy is to bring dynamic brands like HEAVY 16 under the Hydrofarm umbrella and continue to solidify our position as the acquirer of choice in this highly fragmented and fast-growing industry,” said Bill Toler, Chairman and Chief

United States Attorney Matthew Schneider to Join Honigman as Partner and Co-Leader of White Collar Defense & Investigations Practice

Press release content from Business Wire. The AP news staff was not involved in its creation. United States Attorney Matthew Schneider to Join Honigman as Partner and Co-Leader of White Collar Defense & Investigations Practice January 21, 2021 GMT DETROIT (BUSINESS WIRE) Jan 21, 2021 Matthew Schneider, who since January 2018 has served as the United States Attorney for the Eastern District of Michigan overseeing numerous high-profile cases, will join Honigman in February as a partner and co-leader of Honigman’s White Collar Defense and Investigations Practice as well as a member of the Government Relations and Regulatory Practice. The announcement comes on the heels of the opening of Honigman’s Washington D.C. office, as the firm looks to expand its nationally ranked complex-litigation practice.

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