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MARYSVILLE, Ohio – The Scotts Miracle-Gro Co. has completed the previously announced acquisition of the Rod McLellan Co., a provider of soil and landscape products in the western U.S.
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"We're pleased to add the Rod McLellan Co.'s Supersoil, Whitney Farms and Black Magic brands to The Scotts Miracle-Gro Co. family," said Jim Hagedorn, chairman and chief executive officer of ScottsMiracle-Gro. "The business adds important regional brands to our growing media portfolio and allows us to improve our supply chain infrastructure to better serve our retail customers."
The purchase price of Rod McLellan Co. is approximately $20 million. The transaction is expected to be accretive to earnings in fiscal 2006.