The Scotts Miracle-Gro Company
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The Scotts Miracle-Gro Company - overview
Established
1868
Location
Marysville, OH, US
Primary Industry
Consumer Products
About
The Scotts Miracle-Gro Company is a leading provider of innovative lawn and gardening products that enhance outdoor living spaces while promoting sustainability in gardening practices. Founded in 1868 in Marysville, US, The Scotts Miracle-Gro Company specializes in lawn and gardening solutions. The company was founded by Mehdi Shalfrooshan and has undergone various business strategies to adapt to market needs. It currently operates globally, with its headquarters in Marysville, US.
ScottsMiracle-Gro specializes in innovative lawn and gardening products, offering a range of solutions designed to enhance outdoor spaces and promote sustainable gardening practices. The company's main product categories include fertilizers, grass seed, soil amendments, and pest control solutions, all aimed at gardening enthusiasts, landscapers, and homeowners looking to improve their outdoor environments. The flagship brands under ScottsMiracle-Gro, such as Miracle-Gro and Ortho, provide consumers with effective products that meet diverse gardening needs, from promoting healthy plant growth to controlling garden pests. These products are available across various geographical markets, including North America, Europe, and parts of Asia, catering to a wide customer base that values quality gardening solutions.
ScottsMiracle-Gro generates revenue through a multi-channel sales approach that includes partnerships with retailers and direct-to-consumer transactions. The company engages in business-to-business (B2B) relationships with major retail chains, allowing for widespread distribution of its products in garden centers, home improvement stores, and supermarkets. Additionally, ScottsMiracle-Gro offers subscription services for its educational content, such as its GroMoreGood Learning Activities, which fosters engagement with families and educators. The pricing structure for its products varies based on product type and size, ensuring accessibility for a range of budgets.
The company's commitment to innovation and sustainability is reflected in its product offerings, which have earned the trust of consumers and maintained a strong market presence since its inception in 1868. The Scotts Miracle-Gro Company aims to enhance its product offerings by launching new gardening solutions designed for diverse climate conditions. The company is also focusing on expanding into emerging markets in Asia-Pacific and Latin America by 2025. Recent funding will be allocated towards research and development initiatives to support these product innovations and market expansions.
Primary Industry
Consumer Products
Sub Industries
Consumer Products
Website
www.scottsmiraclegro.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
The Scotts Miracle-Gro Company - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | TruGreen LawnCare | - | ||||||||
| Add-on | Completed | Scotts LawnService | - |
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