GrowGeneration Acquires Assets of H2O Hydroponics (Lansing, MI)

June 17, 2020

GrowGeneration Corp. purchased substantially all assets of H2O Hydroponics, LLC to open a new 15,000 sq. ft. super hydroponic garden center in Lansing, Michigan that will operate as a retail/commercial location and fulfillment center. The acquisition expands GrowGeneration’s Michigan footprint and supply-chain capabilities; management expects the consolidated Lansing location to generate over $7.0 million in sales (H2O reported ~ $4.0 million in 2019).

Buyers
GrowGeneration Corp.
Targets
H2O Hydroponics, LLC
Sellers
H2O Hydroponics, LLC
Industry
Retail
Location
Michigan, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.