SiteOne Landscape Supply Signs Definitive Agreement to Acquire Pete Rose, Inc.
December 18 2017 - 5:00PM
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/
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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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