The ratings on The Scotts Co. reflect its high debt levels and the inherent seasonality in its business. However, somewhat mitigating these concerns is the firm's competitive position and leading brand names in the consumer lawn and garden market in the U.S. and Europe. Marysville, Ohio-based Scotts is a leading provider of consumer products for lawn and garden care, professional turf, and horticulture, with well-recognized brand names. The company also provides residential lawn care, tree and shrub care, and external pest control services through its Scotts LawnService. Acquisitions during the past several years significantly expanded the company's product portfolio, especially in U.S. pesticides, and provided Scotts with a strong presence in the European market. International sales, which account for about
