Sherman & Sterling advised Profile Products (Profile) in their acquisition of Quick Plug Group. This acquisition from Dummen Orange Holding (DO) includes all Quick Plug products, technologies, employees, and best-in-class facilities in the Netherlands, Canada, and Oregon, U.S.
The acquisition expands Profile's growing media product portfolio beyond the essential inputs of peat, coir, controlled release fertilizer, and HydraFiber advanced substrate. By combining Quick Plug and Profile's expertise and innovative products, customers will be able to create optimum growing media solutions to support urban food production and enhance the cultivation of all young plants.
Profile is a leading developer and manufacturer of highly engineered specialty agriscience materials that promote environmental sustainability while delivering superior performance for horticulture, erosion control, sports turf and other specialty applications.
The Quick Plug Group operates in the global rooting substrate market. With its combined network of production and distribution facilities, the Quick Plug Group is uniquely positioned to service commercial growers and wholesalers worldwide and brings together 75 years of combined knowledge and experience.
DO is a global leader in the breeding and propagation of cut flowers, bulbs, tropical plants, pot plants, bedding plants and perennials. In addition to a large marketing and sales network, DO has a diversified network of specialized production sites and a world class R&D team developing innovative, value-added products for customers.
The Shearman & Sterling team below was supported by associates Eugene Kim and Eva Wang.