A&A Stepping Stone Joins SiteOne Landscape Supply

Rhea-AI Summary

SiteOne Landscape Supply (NYSE: SITE) has successfully acquired A&A Stepping Stone, a wholesale distributor based in Sacramento, California. This acquisition marks SiteOne's seventh in 2022, enhancing its hardscapes and landscape supplies offerings. Doug Black, Chairman and CEO, expressed enthusiasm for integrating A&A into SiteOne's operations, which aims to strengthen their market presence and customer service. The move is aligned with SiteOne's strategy to broaden its product and service range for landscape professionals in the region.

Positive

• Acquisition of A&A Stepping Stone enhances SiteOne's product offerings in Sacramento.
• This transaction is the seventh acquisition in 2022, indicating aggressive growth strategy.
• Integration is expected to improve customer service and market presence.

Negative

• None.

ROSWELL, Ga.--(BUSINESS WIRE)-- SiteOne® Landscape Supply, Inc. (NYSE: SITE) announced today the company completed its acquisition of A&A Stepping Stone (“A&A”), a wholesale distributor of hardscapes and landscape supplies with four locations in Sacramento, California.

“We are excited to welcome the terrific A&A Stepping Stone team into the SiteOne family,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply. “This partnership establishes a leading hardscapes and landscape supplies platform to complement our existing business and provide additional products and services to our shared customers in Sacramento and surrounding markets.”

“We have developed a relationship and mutual respect with SiteOne over the last few years as they have expanded their hardscape and landscape supply business in California,” said Keith Arellano, President of A&A. “When looking for a long-term partner for the business, we knew growing with SiteOne would offer the best opportunities for our employees and our valued customers.”

This is the seventh acquisition in 2022 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 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: https://www.businesswire.com/news/home/20220705005527/en/

Investor Relations:

SiteOne Landscape Supply, Inc.

470-270-7011

investors@siteone.com

or

Media:

SiteOne Landscape Supply, Inc.

Allison Flynn

Director, Integrated Marketing

470-277-7293

AFlynn@SiteOne.com

Source: SiteOne Landscape Supply

FAQ

What is the significance of SiteOne's acquisition of A&A Stepping Stone?

The acquisition enhances SiteOne's hardscapes and landscape supplies offerings and strengthens its market presence in Sacramento.

How many acquisitions has SiteOne completed in 2022?

SiteOne has completed seven acquisitions in 2022.

Where is A&A Stepping Stone located?

A&A Stepping Stone is located in Sacramento, California.

What is the stock symbol for SiteOne Landscape Supply?

The stock symbol for SiteOne Landscape Supply is SITE.