Phototron Holdings, Inc. (PHOT) Announces Progress of Growth Strategy and Acquisitions
Phototron Holdings, a technology supplier to the hydroponic growing industry, detailed its consolidation strategy as the company integrates its acquisition of SG Technologies and its pending acquisition of Greners.com, the largest on-line supplier of hydroponic equipment in North America. Phototron Holdings’ acquisition of SG Technologies and the pending acquisition of Greners.com are the first steps in what Phototron Holdings calls a “comprehensive roll-up strategy” to rapidly build shareholder value through acquisition of profitable players in the grow technology and lifestyle space. SG Technologies’ provides LED technology products that Phototron Holdings CEO Sterling Scott says are complimentary and already incorporated into…