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The Scotts Miracle-Gro Company is an American multinational corporation headquartered in Marysville, Ohio, where O.M. Scott began selling lawn seed in 1868. [2] The company manufactures and sells consumer lawn, garden and pest control products, as well as soilless indoor gardening equipment. [ 3 ]
In 1995, the company merged with Scotts for $200 million in stock, creating the world's largest maker of lawn and garden products, and making Hagedorn the majority investor with 42% of the company and 3 of 11 board seats. [1] [5] Hagedorn's son Jim became CEO and chairman of the merged company. [6] His father retired from Miracle-Gro in 1997. [7]
In 1995, the company merged with Scotts for $200 million in stock, with Hagedorn as the majority investor. The merger created the world's largest maker of lawn and garden products. [1] [5] He retired from Miracle-Gro in 1997. [6] Prior to moving to Sands Point, New York, Hagedorn lived in Flower Hill, New York and Plandome Manor, New York. [7 ...
In this series, I examine inventory using a simple rule of thumb: Inventory increases ought to roughly parallel revenue increases. ... How is Scotts Miracle-Gro doing by this quick checkup? At ...
Scotts Miracle-Gro (NYS: SMG) carries $649.7 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
Scotts Miracle-Gro (NYS: SMG) carries $650.5 million of goodwill and other intangibles on its balance sheet. Goodwill, especially when it's excessive, can sometimes foreshadow problems down the road.
Charles Martin Berger (May 2, 1936 – December 6, 2008) was an American business executive who created several well-known advertising campaigns for Heinz ketchup. He worked for Heinz for 32 years before moving on to become CEO of Scotts Miracle-Gro Company. [1]
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