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GrowGeneration Buys Michigan's Big Green Tomato Hydroponics Retailer

TheMotleyFool

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GrowGeneration Buys Michigan's Big Green Tomato Hydroponics Retailer

GrowGeneration (NASDAQ: GRWG), which has been rather acquisitive lately, is adding another regional asset to its portfolio. The company announced Tuesday that it has purchased Big Green Tomato, a two-store hydroponics supply chain based and operating in Michigan.

Neither the purchase price or terms of the deal were disclosed. GrowGeneration did reveal that Big Green Tomato's annual revenue is nearly $16 million.

Image source: Getty Images.

Source Fool.com

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