Marysville, Ohio — The Scotts Miracle-Gro Co. said Oct. 6 that its subsidiary, Scotts Canada Ltd., has acquired Fafard and Brothers Ltd. In continuous operation since 1940 and based in Saint-Bonaventure, Quebec, Fafard is a leader in the production of high-quality peat moss and high-performance growing media products, including peat-based and bark-based mixes, composts and premium soils. Family-owned Fafard serves customers primarily across Ontario, Quebec, and New-Brunswick. The company also distributes a full range of related products for the gardening industry, including fertilizers, mulch, and grass seed, and serves both the retail and professional grower markets. Scotts expects Fafard to add annual sales of approximately $40 million and for the transaction to be earnings accretive in fiscal 2015. Sun Gro Horticulture, Agawam, Mass., told Green Markets that its Fafard-branded products are not affected. Sun Gro acquired the Conrad Fafard Inc. U.S. professional greenhouse and nursery and retail business in 2012. Sun Gro said it does not sell its Fafard-branded retail or professional growing mixes or peat moss in Canada. Sun Gro said it will continue selling Fafard brands throughout the U.S. and that the Scotts deal in no way impacts Sun Gro’s U.S., retail or professional greenhouse, grower, and/or retail businesses.
Transparency Across the Fertilizer Value-Chain