Mergers & Acquisitions ·
On July 31, 2026, Hydrofarm Holdings Group, Inc. completed the sale of its wholly owned subsidiary Aurora Peat…
HYFMHydrofarm Holdings Group, Inc.
On July 31, 2026, Hydrofarm Holdings Group, Inc. completed the sale of its wholly owned subsidiary Aurora Peat Products ULC to 2817049 Alberta Ltd. for total consideration of $16 million. The transaction includes a $5 million secured promissory note representing a deferred portion of the purchase price, which was assigned to lenders of the Company's $125 million senior secured term loan. Net proceeds of approximately $14.88 million will be applied to reduce outstanding debt under the Term Loan. Hydrofarm operates in the controlled environment agriculture sector as a manufacturer and distributor of hydroponics equipment.