TAG: Scotts LawnService

Scotts slows pest control acquisitions

February 5, 2015By

Scotts LawnService (SLS), a business unit of Scotts Miracle-Gro Co., is rethinking its strategy to acquire pest control companies, Columbus Business First reported. The Marysville, Ohio-based company completed the acquisition of Action Pest Control earlier this year in a deal expected to add $15 million in annual revenue to SLS, which had $323.9 million in 2013 revenue. Last year, then-COO... read more

Scotts LawnService acquires Action Pest Control

January 12, 2015By

Scotts LawnService, a business unit of the Scotts Miracle-Gro Co., completed its acquisition of Action Pest Control, a residential pest control company based in Louisville, Ky., with operations in Indiana, Kentucky and Illinois. Terms of the deal are not being disclosed. “We are excited to complete the acquisition of Action Pest and see it as an important step forward in executing our long-term growth strategy,” said... read more

Scotts reports good 2014, 4Q

November 5, 2014By

The Scotts Miracle-Gro Co., based in Marysville, Ohio, reported 2014 income for 2014 as $166.2 million, compared with $161.1 million a year ago. Its fiscal year ended Sept. 30. Company-wide net sales increased 2 percent in 2014 to $2.84 billion, compared to $2.77 billion a year ago.  Scotts LawnService (SLS) sales increased 2 percent to $263 million for the year,... read more

Scotts LawnService makes pest play with Action aquisition

October 21, 2014By

Scotts LawnService, a business unit of the Scotts Miracle-Gro Co., agreed to acquire Action Pest Control, a residential pest control company based in Louisville, Ky., with operations in Indiana, Kentucky and Illinois. Terms were not disclosed. The transaction, which is expected to close by January, marks the company’s first acquisition of a residential pest control business. Scotts LawnService, with anticipated sales... read more

Scotts LawnService sales up 3 percent in 3Q 2014

August 5, 2014By

The Scotts Miracle-Gro Co., headquartered in Marysville, Ohio, released results for its fiscal third quarter, which highlights an increase in sales for its Scotts LawnService business. “The second half of the lawn and garden season has been extremely strong, with positive consumer purchases against the double-digit increases we posted a year ago,” said Jim Hagedorn, chairman and CEO. “Our momentum is carrying... read more

Scotts LawnService sales slump in Q2 due to spring delay

May 12, 2014By

The Scotts Miracle-Gro Co. unveiled results for its fiscal second quarter. It reported adjusted income from continuing operations increased 38 percent and said the results were driven by increased sales, continued margin expansion and strong control of operating expenses. Moreover, net sales were $1.08 billion for the quarter—an increase of 7 percent compared to $1.01 billion a year ago—due to strong initial sell-in to... read more