Sun Gro Horticulture Income Fund
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| Sun Gro Horticulture | |
|---|---|
| Type | Corporation |
| Founded | Vancouver, British Columbia (1929) |
| Headquarters | Bellevue, Washington, U.S.Sherbrooke, Quebec |
| No. of locations | 27 |
| Area served | North America |
| Industry | Manufacturing |
| Products | peat-based growing media. |
| Employees | ~350 |
| Website | www.sungro.com |
Sun Gro Horticulture (TSX: GRO.UN) is the leading producer of peat moss in North America. It provides peat-based and bark-based growing mixes for professional use.
Contents |
[edit] History
Founded in 1929 as Western Peat Company Ltd.
Began operating in Manitoba, Canada With a new production facility in 1947
Changed name to Fisons Western Peat Moss Ltd. in 1980 after an acquisition by Fisons PLC.
Changed name again in 1982 to Fisons Horticulture when the Fisons PLC acquision was completed. [1]
June 1993, Hines Horticulture, Inc. acquired Sun Gro-U.S. and its subsidiaries.
April 6, 1998, Hines Horticulture, Inc. acquired Lakeland Peat Moss, Ltd. and their product line.[2]
In 1999, Sun Gro as a subsidiary of Hines Horticulture, Inc. Acquires Pun Gro Products, Inc. [3]
In 2002, Hines Horticulture, Inc. sold Sun Gro Horticulture in a Canadian initial public offering. [4]
In 2004 Sun Gro Horticulture paid US $6 million to acquire Scotts' professsional growing products. [5]
In 2007 Sun Gro acquired Quebec peat moss producer Tourbiere Omer Belanger Inc. for $3.9 million. [6]
[edit] Products
- Sunshine
- LakeLand
- Metro-Mix
- Nutricote
- Black Gold
- Redi-Earth
- Technicote
- Technigro
[edit] Naming Rights
Sun Gro has naming rights to the Sun Gro Center in Beausejour, Manitoba and occasionally sponsors events there. [7]
[edit] References
- ^ AlbertaHub IndustrySun Gro profile
- ^ Hines Horticulture Recent Acquisitions
- ^ Hines Horticulture Acquires Pro Gro; Sun Gro Acquires Leading Producer of Bark Based Professional Growing Mixes
- ^ Hines Horticulture Completes Sale of Sun Gro Business for $120 Million. 27-MAR-02
- ^ Sun Gro to Acquire Assets of The Scotts Company’s Professional Growing Media Business 29-Jul-04
- ^ Sun Gro completes Quebec acquisition, strengthens long-term peat moss supply
- ^ 2004 Scott Tournament of Hearts Manitoba Provincial Curling Championships Sponsors
- Morrison, Malcolm. The Toronto Star, Mar 27, 2008 06:10 PM Financials help send TSX higher. NY held back by bank profit warnings, oil surge
- Communications New Brunswick, July 22, 2005 – Expansion and new jobs for Sun Gro Horticulture Canada
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