SiteOne Landscape Supply Signs Definitive Agreement to Acquire Pete Rose, Inc.
ROSWELL, Ga.--(BUSINESS WIRE)--
SiteOne® Landscape Supply, Inc. (NYSE:SITE), the largest and only
national wholesale distributor of landscape supplies in the United
States, announced today it has entered into a definitive agreement to
acquire Pete Rose, Inc. Started in 1975, Pete Rose has one location in
the Richmond, VA market, and is a leader in the distribution of natural
stone and hardscape material. The deal is scheduled to close in January
2018, subject to the satisfaction of customary closing conditions.
“Pete Rose is a terrific fit with SiteOne as they expand our natural
stone and hardscape presence in the Richmond, VA market. The addition of
Pete Rose complements our existing branches that offer the full range of
nursery, hardscape, agronomic, irrigation and outdoor lighting products.
We have now completed nine acquisitions in 2017, and we continue to
expand the number of markets where we provide a full range of
landscaping products and services,” said Doug Black, Chairman and CEO of
SiteOne Landscape Supply.
“Pete Rose has a rich history and talented team that shares SiteOne’s
passion and desire to provide excellent quality, service and value to
their customers. We welcome them all to the SiteOne family,” said Black.
“We are committed to delivering the best experience to our customers,
and the combination of Pete Rose and SiteOne is yet another step forward
in our mission to become the best full-line distributor in the Green
Industry.”
About SiteOne Landscape Supply:
SiteOne Landscape Supply (NYSE: SITE), is the largest and only 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/
View source version on businesswire.com: http://www.businesswire.com/news/home/20171218006132/en/
SiteOne Landscape Supply, Inc.
Investor Relations:
Pascal
Convers, 470-270-7011
Executive Vice President Strategy,
Development and Investor Relations
[email protected]
or
Media:
Greg
Kirksey, 470-277-7164
Director, Communications
[email protected]
Source: SiteOne Landscape Supply, Inc.
