Scotts Co., the gardening supplies company, plans to acquire cataloger Smith & Hawken Ltd., for about $72 million, including the acquisition of about $14 million in debt, according to wire service reports.
Smith & Hawken has 850 employees, and Scotts plans to keep the business in California and retain its management team. Smith & Hawken is owned by affiliates of DDJ Capital Management LLC, an investment firm based in Wellesley, MA.
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