PE-backed Hydrofarm buys Canadian horticulture assets

Hydrofarm LLC has acquired Eddi’s Wholesale Garden Supply Ltd and the distribution division of Greenstar Plant Products Inc, both Langley, British Columbia distributors of lawn and garden, hydroponic and horticulture products. No financial terms were released for the deals, which will see Greenstar remain an independent maker of plant nutrients. U.S.-based Hydroponics said the buys enhance its position as a "leading hydroponics and horticultural supplier in North America." Earlier in 2017, the company secured an investment led by Serruya Private Equity and joined by Hawthorn Equity Partners and Broadband Capital Investments.

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