The Scotts Miracle-Gro Company, the world’s leading marketer of branded consumer lawn and garden products, announced that its Scotts LawnService business has acquired the assets of Action Pest Control, Inc., one of the largest residential pest control providers in the Midwestern U.S.
“We are excited to complete the acquisition of Action Pest and see it as an important step forward in executing our long-term growth strategy,” said Jim Gimeson, president of Scotts LawnService. “We welcome the Action Pest team into the Scotts family.”
Kevin Pass, former president and owner of Action Pest said, “Scotts LawnService is an excellent cultural fit and offers an extraordinary opportunity for our pest management professionals as Scotts enters this exciting new venture.”
Scotts LawnService, with anticipated sales of approximately $260 million in fiscal 2014, is currently the No. 2 player in lawn service. Given the fragmented nature of the $7 billion home pest control category, the Company believes it can complement organic growth in lawn service by consistently expanding its pest control platform.
Action Pest provides a comprehensive range of residential and commercial pest control services to homeowners and businesses throughout Indiana, Kentucky, and Illinois. As previously announced, the Company expects the Action Pest business to add annual sales approaching $15 million and for the transaction to be earnings accretive in fiscal 2015.