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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]
The product is marketed to consumers by Scotts Miracle-Gro Company. [4] In the late-2010s other non-glyphosate containing herbicides were also sold under the Roundup brand. [5] [6] Monsanto patented the herbicidal use of glyphosate and derivatives in 1971. [7] Commercial sale and usage in significant quantities started in 1974. [8]
The Scotts Miracle-Gro Company is an American multinational corporation headquartered in Marysville, Ohio, where O.M. Scott began selling lawn seed in 1868. [2] The company manufactures and sells consumer lawn, garden and pest control products, as well as soilless indoor gardening equipment. [ 3 ]
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Scotts Miracle-Gro (NYSE: SMG) Q4 2024 Earnings Call Nov 06, ... despite a lawn and garden market that was down overall. It was a rocky season with extended periods of unfavorable weather in the ...
Scotts LawnService was founded in 1998, with the acquisition of Emerald Green Lawn Care. It was a division of the Scotts Miracle-Gro Company, and provided lawn, tree, and shrub care and pest control. In April 2016 TruGreen announced that it had merged with Scotts LawnService.
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