GrowGeneration Acquires California Peer The Harvest Company
Ever-acquisitive hydroponics retailer GrowGeneration (NASDAQ: GRWG) has announced yet another asset buy. On Tuesday, the company said it is the new owner of The Harvest Company, a small privately held peer based in Northern California. GrowGeneration did not reveal the price nor the key terms of the deal.
It did say that all of The Harvest Company's 16 employees will join GrowGeneration. Harvest's founder, Robert Masterson, will remain with the business as an advisor.
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Source Fool.com