Secret Site Map
Monday, September 01, 2014

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

In Memoriam: Vern Toblan

Toblan was the longtime executive director of Pi Chi Omega. He passed away on Saturday.

PCT Gift Shop Offers Insect-Themed Items for PCOs

PCT magazine, in partnership with the Philadelphia-based Insectarium, is offering a variety of insect-related items to pest control operators via www.pctgiftshop.com.

Reminder: PCT’s M&A Virtual Event 3.0 is Tomorrow

The half-day conference provides expert advice from some of the industry’s leading authorities on mergers and acquisitions and family business issues.

Massey Services Acquires Austin-Based Green Pest Services

The joining of the two companies further expands Massey Services’ residential pest prevention services footprint throughout Texas.

Bill That Would Impact Neonicotinoid Use in California on Governor's Desk

AB 1789, which would create a timeline for the Department of Pesticide Regulation to complete its current reevaluation of neonicotinoids, has passed the legislature and is now awaiting the governor's signature.