Downriver Hydro News Today : Breaking News, Live Updates & Top Stories | Vimarsana

GrowGeneration Expands Michigan Footprint with Downriver Hydro Acquisition News provided by Share this article DENVER, April 20, 2021 /PRNewswire/ -  GRWG), ("GrowGen" or the "Company") the nation's largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of Downriver Hydroponics, a Michigan-based indoor garden supply center in Wayne County. Founded in 2011, Downriver Hydro is the area's largest hydroponics store, with annual revenues approaching $10 million. With the acquisition of Downriver Hydro, GrowGen's portfolio of hydroponic garden centers now...

The deal details weren't disclosed. The indoor garden supply center in Wayne County was founded in 2011. Its annual revenues amount to roughly $10 million. The move follows GrowGen's purchase of 55 Hydroponics, a Santa Ana, California-based hydroponic and organic fertilizer store, and Aquarius Hydroponics, which is located in New England. The acquisition of Downriver Hydro brings the operational footprint of the Denver-based company to 53 stores across 12 states. "We continue to look for best-in-class hydroponics stores in mature and emerging markets, and Downriver Hydro has a strong customer...