North Inlet Congratulates The Scotts Miracle-Gro Company (NYSE: SMG) on the Acquisition of an Additional 25% Financial Interest in Bonnie Plants

The Scotts Miracle-Gro Company (NYSE:SMG) announced the signing of a non-binding letter-of-intent to acquire an additional 25% financial interest in Bonnie Plants, Inc. from the Alabama Farmers Cooperative, Inc.  Post completion, Bonnie Plants will operate as a 50/50 joint venture owned by The Scotts Miracle-Gro Company and Alabama Farmers Cooperative.  North Inlet Advisors served as financial advisor to SMG on its original 25% investment in Bonnie Plants in 2016.

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