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Evergreen

The deal

Investing in a global portfolio of garden care brands

Undisclosed

Deal size, August 2017

Fund III

Current investment

The teams

Management Team

Chair: Andrew Higginson

CEO: Mark Portman

The story

Evergreen was formed through the acquisition of the European and Asia-Pacific operations of Scotts Miracle-Gro, the world's leading marketer of branded consumer products for lawn and garden care. The business is a leader in garden consumables and operates primarily in the UK, France, Germany, Austria, Poland and Australia. Its leading consumer brands include Evergreen, Roundup, Miracle-Gro, Weedol, KB, Substral, Nexalotte, and Osmocote, and its products are available in leading retailers such as B&Q, Bunnings, Gamm Vert, and independent garden centres.

Exponent partnered with a buy-in management team, led by Karl Kahofer and Operating Chair Andrew Higginson. We were attracted to Evergreen by its leading brands, and intend to invest in product innovation, brand advertising and category management to drive growth.

Evergreen has published a sustainability report which sets sustainability targets across business functions. You can access the report here -https://www.lovethegarden.com/uk-en/article/corporate-sustainability-reports