Deal announced Mar 2021 · Denver, Colorado Verified
GrowGeneration Acquires Agron.io B2B Platform
GrowGeneration Corp. announced the acquisition of Agron.io, a wholesale agriculture platform with ERP technology for commercial growers. The platform includes HVAC and industrial equipment among its product categories. The deal is expected to contribute $20 million in revenue for GrowGen in 2021.
“GrowGeneration Corp. (NASDAQ: GRWG), (“GrowGen” or the “Company”) the nation’s largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of Agron.io, a leading wholesale agriculture platform that allows commercial growers to manage their purchasing and logistics in one platform.”
Entities
Agron.io · Target GrowGeneration Corp. · Acquirer
HVACOther Sentiment: Positive
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