Scotts LawnService explained

Scotts LawnService
Type:Subsidiary
Foundation:Marysville, Ohio (1998)
Location:Marysville, Ohio, U.S.
Key People:James Gimeson, President of Scotts LawnService
Industry:Lawn Care and Service
Services:lawn and garden care
Num Employees Year:2017
Parent:Scotts Miracle-Gro Company
Num Employees:4,700[1]

Scotts LawnService was a subdivision of the Scotts Miracle-Gro Company, an American multinational corporation headquartered in Marysville, Ohio. It was founded with the acquisition of Emerald Green Lawn Care in 1998 and was merged into TruGreen in 2016.

History and overview

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. After the merger the Scotts brand was no longer used, and Scotts customers no longer received Scotts brand products as part of their lawn treatments; they were instead switched over to products used by TruGreen. The Scotts Miracle-Gro Company retained a 30% stake in the company after the merger, with the option to buy the operations back in the future from TruGreen.

In 2019, Scotts Miracle-Gro sold its 30% minority stake in TruGreen for approximately $234 million.[2]

Mergers and acquisitions

External links

Notes and References

  1. Web site: Scotts Miracle-Gro. Fortune. 2019-03-17.
  2. Web site: ScottsMiracle-Gro sells TruGreen stake to retire debt . Castelli . Giovanni . March 22, 2019 . Lawn & Landscape. en . May 8, 2019.
  3. Scotts LawnService Announces Largest Acquisition to Date . The Scotts Miracle-Gro Company . 2007-09-19 . March 14, 2002.
  4. August 13, 2002 . Scotts LawnService Acquires Lawn Care Operations From Centex HomeTeam Services . The Scotts Miracle-Gro Company . 2007-09-19.