Mark Del Franco

Scotts to Buy Smith & Hawken

| Mark Del Franco

Marysville, OH-based lawn care manufacturer Scotts has purchased Novato, CA-based upscale garden products cataloger/retailer Smith & Hawken for $72 million from private equity firm DDJ Capital Management.

Scotts to Buy Smith & Hawken

| Mark Del Franco

Marysville, OH-based lawn care manufacturer Scotts has purchased Novato, CA-based upscale garden products cataloger/retailer Smith & Hawken for $72 million from private equity firm DDJ Capital Management. Additionally, the $1.9 billion Scotts will assume $14 million in debt. The deal is expected to close Oct. 1.

Off to a Roaring Start

| Mark Del Franco

What a difference a year makes. At this time last year, more than half of the consumer catalogers tracked by Catalog Age were bemoaning eroding profits.