Exponent $250 million acquisition of The Scotts Miracle-Gro Company

Overview:

• Exponent Private Equity (Exponent) has offered to acquire Scotts Miracle-Gro Company (SMG) for $250 million.
• SMG is a manufacturer and distributer of fertilisers. 
• The transaction, which is expected to close during July 2017, is an important step in the continued execution of 'Project Focus', the company's previously-announced commitment to focus more resources on its US business.

Katrin Kostadinova - Data analyst