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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]
Miracle-Gro, a water-soluble fertilizer, was developed after Hagedorn met nurseryman Otto Stern and learned of Stern's troubles shipping plants in 1944. [1] [2] [3] The pair hired O. Wesley Davidson, a Rutgers University professor to develop the fertilizer. [1] Hagedorn used royalties from producing a crime-drama "The Big Story" to fund the ...
Scotts LawnService was a subdivision of the Scotts Miracle-Gro Company, an American multinational corporation headquartered in Marysville, Ohio. It was founded with the acquisition of Emerald Green Lawn Care in 1998 and was merged into TruGreen in 2016.
The first rain gardens were created to mimic the natural water retention areas that developed before urbanization occurred. The rain gardens for residential use were developed in 1990 in Prince George's County, Maryland, when Dick Brinker, a developer building a new housing subdivision had the idea to replace the traditional best management practices (BMP) pond with a bioretention area.
2004 Sun Gro Horticulture paid US$6 million to acquire Scotts' professional growing products. 2005 Acquired Pigeon Hill Peat. 2006 Acquired Normiska Peat. 2007 Sun Gro acquired Quebec peat moss producer Tourbiere Omer Belanger Inc. for $3.9 million. [6] 2007 Acquired Kellogg-Rich Grow. 2007 Acquired Grow Best Holdings, LLC for US$20.3 million.
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