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YATES LTD. & THE SCOTTS COMPANY TO COMBINE OPERATIONS.

Publication: AsiaPulse News
Publication Date: 14-AUG-03
Format: Online - approximately 709 words
Delivery: Immediate Online Access

Article Excerpt
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SYDNEY, Aug. 14 /PRNewswire-AsiaNet/ --

Combined companies will better serve the Trans Tasman lawn and garden market

Yates Ltd. (ASX: YTL) and The Scotts Company (NYSE: SMG), the global leader in the consumer lawn and garden market, said today they have signed a definitive agreement to combine their respective Trans Tasman lawn and garden business operations.

"Yates is synonymous with lawn and garden products in Australia and New Zealand and we're excited to bring our companies together," said Jim Hagedorn, chairman and chief executive officer of Scotts. "Yates not only has the leading brands in its markets,...

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