What is the history of ownership changes in Sun Gro Garden brand?

Sun Gro Horticulture is a leading supplier of superior quality peat moss and growing mixes for professional and retail horticultural markets. Throughout its history, the ownership of Sun Gro Garden brand has gone through multiple changes. The company was originally founded in 1929 in Bellevue, Washington, under the name International Peat Society (IPS). In 1969, the company was purchased by Gilbert Pidcock and George Young, who renamed it Sun Gro Horticulture. Since then, Sun Gro has witnessed several ownership changes, including the acquisition by ITT Corporation in 1984, the subsequent purchase by Conwed Corporation in 1989, and then the acquisition by a group of Sun Gro executives in 2001, leading to the creation of an employee-owned company. In 2014, Sun Gro Horticulture was sold to the private equity firm, CD&R, and later merged with Black Gold Soil Company in 2016. Despite the changing hands of ownership, the Sun Gro Garden brand has maintained its commitment to providing high-quality gardening products to customers worldwide.

This mind map was published on 25 January 2024 and has been viewed 77 times.