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Central Garden & Pet (NASDAQ: CENT, CENTA) (“Central”), a market leader in the garden and pet industries, announced today that it closed the previously announced acquisition of Green Garden Products (“Green Garden”), formerly known as Plantation Products, from private-equity firm Freeman Spogli & Co. Green Garden, headquartered in Norton, Mass., is a leading provider of vegetable, herb and flower seed packets, seed starters and plant nutrients in North America, shipping over 250 million seed packets annually.
“By adding Green Garden’s leading brands for vegetable, herb and flower seed and seed starter packages, we are entering an important adjacent category in the garden segment,” Tim Cofer, CEO of Central Garden & Pet said. “With Green Garden now being an official part of the Central team, we look forward to growing their business, leveraging our strong merchandising, brand building and di
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Green Garden Products to Be Acquired by Central Garden & Pet
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NORTON, Mass., Dec. 31, 2020 /PRNewswire/ Green Garden Products, a leading supplier of branded consumable gardening products, announced today that it has signed an agreement to be acquired by Central Garden & Pet (NASDAQ: CENT, CENTA) ( Central ), a market leader in the Garden and Pet industries, for $532 million. The transaction is expected to close in the first calendar quarter of 2021, subject to certain closing conditions, including regulatory approval.
The transaction marks the culmination of Green Garden Products significant growth and continued evolution as a market leader in the gardening segment, particularly in the past six years with the launch of its eCommerce platform, expansion into new categories and its partnership with Freeman Spogli & Co., a leading middle market private equity firm.
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