Scotts Miracle-Gro Co (SMG) is a global consumer lawn and garden business with a comprehensive portfolio of products. Its headquarters are in Marysville, Ohio, United States. Founded in 1868, the company has over 150 years of providing dedicated and innovative products designed to help gardeners of all types grow beautiful, healthy gardens and landscapes.
SMG operates through three segments - U.S. Consumer, Hawthorne, and Other. The U.S. Consumer segment consists of consumer lawn and garden products, including the flagship Miracle-Gro brand, one of the most recognized in the gardening industry. Products in this segment range from lawn fertilizers and plant foods to pest control solutions and grass seed. Scotts Miracle-Gro Co has typified the "do-it-yourself" ethos of American homeowners.
The Hawthorne segment comprises indoor, urban, and hydroponic horticulture products, focusing on the emerging and fast-growing sector of indoor and urban gardening, designed for those who want to grow their greens, herbs, or other plants indoors.
Moreover, Scotts Miracle-Gro has continuously pursued a strategy of growth through acquisitions to diversify its product lines and bolster its place in the market. Companies such as Rod McLellan Co., Ortho, RoundUp, and Sunlight Supply Inc. are among prominent acquisitions by SMG, offering a valuable addition to the company's stock.
A notable aspect of Scotts Miracle-Gro is its commitment to sustainability. SMG instituted the Miracle-Gro Twelve Indoor Growing System, designed to enable indoor gardening year-round. It is a water-based, hydroponic systems that reduce the need for pesticides or herbicides because it can be used indoors.
In addition to being an industry leader, Scotts Miracle-Gro is also a good corporate citizen. The company runs the Scotts Miracle-Gro Foundation dedicated to inspiring and facilitating garden and greenspace development across the U.S. It also supports environmental sustainability and promotes children's gardening education.
With stock traded on the New York Stock Exchange under the ticker SMG, Scotts Miracle-Gro Co remains an integral player in the industry. As a company cherishing a two-century-old legacy, SMG is a testament to longevity, adaptability, and constant innovation, contributing significantly to the global gardening and landscaping industry.