Scotts Miracle-Gro Sells Unit for $270M
Israel Chemicals agreed Tuesday to buy the global professional business of Scotts Miracle-Gro for $270 million.
TEL AVIV (
) --
Israel Chemicals
said Tuesday it agreed to buy the global professional business of
Scotts Miracle-Gro
(SMG) - Get Report
for $270 million.
The Scotts business had revenue of $242 million for the fiscal year ended Sept. 30. It sells specialty fertilizers and plant protection products.
-- Written by Joseph Woelfel
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