Hydrobuilder Holdings has entered the Northeast by adding New England Hydroponics to its assets. Founded in 2002 by Ethan Holmes as an online retailer, New England Hydroponics has since grown to five retail locations and one warehouse location in each of Massachusetts and Maine.
“We are pleased to have identified such a complementary acquisition in New England Hydroponics and to be expanding our footprint to the Northeast as we enter this fast-growing market. For more than 15 years, NE Hydro has built an enviable name for itself as a ‘go-to’ retail destination for fans, lighting, hydroponic supplies and organic products because of their superior selection and service,” said Markus Hockenson, CEO of Hydrobuilder Holdings.
“We are delighted to be joining the Hydrobuilder Holdings platform. Becoming a part of this rapidly-expanding portfolio of assets will strengthen NE Hydro through strategic and financial resources that can support our combined large and diverse customer base. I am looking forward to continuing on with the Company and could not be more excited about what this partnership means for our team going forward,” said Ethan Holmes, Founder of New England Hydroponics.
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