EX-99.1
2
tm2121632d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
Hydrofarm Completes
Acquisition of Aurora Innovations and its Organic Nutrients and Grow Media Operations
Fairless
Hills, Pa. (July 1, 2021)
-
Hydrofarm Holdings Group, Inc
. ("Hydrofarm") (Nasdaq: HYFM), a leading distributor
and manufacturer of hydroponics equipment and supplies, today announced that it has completed its previously announced acquisition of
Aurora Innovations, Inc., Aurora International, Inc., and Gotham Properties LLC, a Eugene, Oregon-based manufacturer and supplier of
organic hydroponic products. The announcement follows Hydrofarm's
recent acquisitions of hydroponic nutrient brands HEAVY 16, House & Garden, and Mad
Farmer.
About Hydrofarm
Holdings Group, Inc.
Hydrofarm is a
leading distributor and manufacturer of controlled environment agriculture equipment and supplies, including high-intensity grow lights,
climate control solutions, and growing media, as well as a broad portfolio of innovative and proprietary branded products. For more than
40 years, Hydrofarm has helped growers in the U.S. and Canadian markets make growing easier and more productive. The Company's
mission is to empower growers, farmers and cultivators with products that enable greater quality, efficiency, consistency and speed in
their grow projects. For additional information, please visit:
www.hydrofarm.com
Investor Relations:
ICR
Fitzhugh
Taylor
ir@hydrofarm.com
Media
Contacts:
The LAKPR
Group
Hannah Arnold,
202-559-9171,
harnold@lakpr.com
Lynn Trono,
323-672-8226,
ltrono@lakpr.com
-or-
Hydrofarm
Lisa Gallagher,
513-505-2334,
lgallagher@hydrofarm.com

EX - 99 . 1 2 tm2121632d1 _ ex99 - 1 . htm EXHIBIT 99 . 1 Exhibit 99 . 1 Hydrofarm Completes Acquisition of Aurora Innovations and its Organic Nutrients and Grow Media Operations Fairless Hills , Pa . ( July 1 , 2021 ) - Hydrofarm Holdings Group , Inc . ( " Hydrofarm " ) ( Nasdaq : HYFM ) , a leading distributor and manufacturer of hydroponics equipment and supplies , today announced that it has completed its previously announced acquisition of Aurora Innovations , Inc . , Aurora International , Inc . , and Gotham Properties LLC , a Eugene , Oregon - based manufacturer and supplier of organic hydroponic products . The announcement follows Hydrofarm 's recent acquisitions of hydroponic nutrient brands HEAVY 16 , House & Garden , and Mad Farmer . About Hydrofarm Holdings Group , Inc . Hydrofarm is a leading distributor and manufacturer of controlled environment agriculture equipment and supplies , including high - intensity grow lights , climate control solutions , and growing media , as well as a broad portfolio of innovative and proprietary branded products . For more than 40 years , Hydrofarm has helped growers in the U . S . and Canadian markets make growing easier and more productive . The Company 's mission is to empower growers , farmers and cultivators with products that enable greater quality , efficiency , consistency and speed in their grow projects . For additional information , please visit : www.hydrofarm.com Investor Relations : ICR Fitzhugh Taylor ir@hydrofarm.com Media Contacts : The LAKPR Group Hannah Arnold , 202 - 559 - 9171 , harnold@lakpr.com Lynn Trono , 323 - 672 - 8226 , ltrono@lakpr.com - or - Hydrofarm Lisa Gallagher , 513 - 505 - 2334 , lgallagher@hydrofarm.com