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Share Name | Share Symbol | Market | Type |
---|---|---|---|
SiteOne Landscape Supply Inc | NYSE:SITE | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
2.06 | 1.37% | 152.42 | 158.78 | 151.19 | 154.40 | 481,180 | 01:00:00 |
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, 470-270-7011Executive Vice President Strategy, Development and Investor Relationsinvestors@siteone.comorMedia:Greg Kirksey, 470-277-7164Director, CommunicationsGKirksey@SiteOne.com
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