• Scotts Miracle-Gro moved to buy the Black Kow soil amendment brand, exercising a purchase option under a January licensing deal.
• Closing is expected in October; financial terms were not disclosed.
• Deal expands Scotts’ growing media and soil amendment portfolio, adding organic amendments, mature manure, and specialty soils alongside Miracle-Gro products.
• Management expects the acquisition to be accretive to EPS in year one, supporting leverage targets and its fiscal 2027-2029 growth plan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Scotts Miracle-Gro Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609030655PRIMZONEFULLFEED9820650) on September 03, 2026, and is solely responsible for the information contained therein.