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Jiffy of the Americas, Inc. acquires Ferry-Morse Seed Company
Norwalk, Ohio
October 28, 2005

Jiffy of the Americas, Inc., a leading supplier of plant propagation products based in Norwalk, Ohio announced October 27, 2005 the North American acquisition of Fulton, Kentucky based Ferry-Morse Seed Company, purchasing 100% of their stock. By joining forces through the acquisition, Jiffy will be expanding their presence within the North American home and garden market where Ferry-Morse has been a major player since 1856.

“We are very happy to be expanding our presence in the North American home garden market and we look forward to continuing the development of Ferry Morse’s highly successful business,” says Årstein Knutson, President of Jiffy International AS.

Jiffy of the Americas, Inc. is a major manufacturer of propagation products consisting of environmentally friendly peat, wood pulp, and coir pith. Jiffy products simplify the act of transplanting and ensure rapid growth and healthy plants for growers, from professional greenhouses to the forestry industry to hobby gardeners, worldwide.

Ferry-Morse Seed Company is the oldest active seed company in North America. Ferry-Morse caters directly to the consumer market, selling seed related products such as seed starter products, grass seed and a variety of gardening aids to be used for planting seed. Ferry-Morse will be a brand name under the Jiffy of the Americas, Inc. product line.

“By acquiring Ferry-Morse Seed Company, Jiffy will now be able to cater more toward the garden hobbyist,” says Daniel Schrodt, President of Jiffy of the Americas, Inc. “Although the professional grower industry is the backbone of Jiffy’s operation, the acquisition has created a clear synergy between the companies, allowing us both to complement each others’ lines nicely.”

Both companies see future market potential areas where they each already have a brand name base and also a future for new products that will rollout very soon.

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