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WKN DE: A2AJXA / ISIN: US82982L1035

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16.12.2024 14:30:00

OakStreet Wholesale Nursery Joins SiteOne Landscape Supply

SiteOne Landscape Supply, Inc. (NYSE: SITE) announced today its acquisition of OakStreet Wholesale Nursery ("OakStreet”), a wholesale distributor of nursery products with one location in Fairview, Texas, a suburb within the Dallas-Fort Worth market.

"This addition positions SiteOne as the nursery leader in the Dallas market,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply. "OakStreet is a tremendous wholesale nursery distributor with a strong and experienced management team and a history of excellent market growth. We are excited to welcome the OakStreet team and customers to the SiteOne family.”

"We’ve built a reputation of having the highest quality products and exceptional customer service in the North Texas market, thanks to our dedicated team members and loyal customers,” said Mike Fritchie, OakStreet co-owner. "Joining SiteOne is a natural fit based on our shared values.”

"We’re excited for the wealth of advantages and new growth opportunities that will be offered to our employees and customers by joining SiteOne,” said Lance Martin, OakStreet co-owner.

This is the sixth acquisition in 2024 for SiteOne as the company continues to expand the number of markets in which it offers the full range of landscape supplies and services to landscape professionals.

About SiteOne Landscape Supply:

SiteOne Landscape Supply (NYSE: SITE), is the largest and only full product line national wholesale distributor of landscape supplies in the United States and has a growing presence in Canada. Its customers are primarily residential and commercial landscape professionals who specialize in the design, installation and maintenance of lawns, gardens, golf courses and other outdoor spaces. https://www.siteone.com/

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