Secret Site Map
Sunday, April 26, 2015

Home News Scotts Eyeing Pest Control Market

Scotts Eyeing Pest Control Market

Business

The Marysville, Ohio, company said it is planning to acquire at least one regional pest control service company this year and will launch a new line within its lawn care service business.

| February 7, 2014

COLUMBUS, OHIO - Scotts Miracle-Gro, the Marysville, Ohio, maker of lawn- and garden-care products, said yesterday that it is planning to acquire at least one regional pest control service company this year and will launch a new line within its growing lawn care service business, the Columbus Dispatch reported.

“We currently are exploring acquisition opportunities in (the pest-service) space, and I wouldn’t be surprised ... if we don’t make our first test acquisition in 2014,” Barry Sanders, Scotts’ president and chief operating officer, told analysts during a conference call reviewing results of the company’s first fiscal quarter yesterday.

 “While lawn care remains the overwhelming piece of the business, (Scotts LawnService) continues to expand ... into pest service, as well,” Sanders said.

Sanders said his company has a 6 percent market share of the $4 billion lawn care market and a “nonmaterial” share of the pest-control service market. His company plans to acquire a few pest control businesses over the next couple of years “and make sure we get it right before we begin to scale it,” he said.

Click here to read the entire story.

Source: Columbus Dispatch

 

 

Top news

Missy Henriksen, PPMA Executive Director, Resigns

The trade association veteran is headed to an allied industry: the National Association of Landscape Professionals. There she’ll be charged with creating the equivalent of the Professional Pest Management Alliance for landscape industry professionals.

Gene White Named Rentokil NA Technical Director

White, who joined Rentokil in May 2013, is now responsible for technical support for North America, including Canada and Mexico.

ESA Announces New ACEs and BCEs for March/April 2015

The Entomological Society of America announced that 22 industry professionals recently earned BCE or ACE credentials.

Cleveland Association Recognizes Hank Althaus with Tom Evans Award

The Greater Cleveland Pest Control Association (GCPCA) recognized Hank Althaus, president of Cincinnati-based Scherzinger Pest Control, with the Tom Evans Award at the association's annual awards banquet.

Loyal Termite & Pest Control Wins 'Reader's Choice' Award

The company was recognized by Richmond Magazine for the fifth straight year.

x