Across the Pond, Inc. Joins SiteOne Landscape Supply

Rhea-AI Summary

SiteOne Landscape Supply (NYSE: SITE) has completed the acquisition of Across the Pond, a wholesale distributor based in Huntsville, Alabama. This acquisition marks SiteOne's fourth in 2022, enhancing its product offerings in the rapidly growing Huntsville market. Across the Pond has supplied hardscapes and bulk materials locally for over 20 years. Chairman and CEO Doug Black expressed enthusiasm for the partnership, emphasizing the commitment to excellent service and value for customers. This strategic move aims to expand SiteOne's reach within landscape supplies and services.

Positive

• Acquisition of Across the Pond expands product offerings in Huntsville market.
• Across the Pond has over 20 years of experience in local hardscapes and bulk materials.
• This is SiteOne's fourth acquisition in 2022, indicating aggressive market expansion.

Negative

• None.

ROSWELL, Ga.--(BUSINESS WIRE)-- SiteOne® Landscape Supply, Inc. (NYSE: SITE) announced today the company completed its acquisition of Across the Pond, Inc. (“Across the Pond”), a wholesale distributor of hardscapes and bulk landscape materials with one location in Huntsville, Alabama.

“With the acquisition of Across the Pond, we are expanding our product offering in the rapidly growing Huntsville market. Across the Pond has been providing high quality hardscapes and bulk materials locally for more than 20 years, and we look forward to partnering with this terrific team to continue providing excellent service and value to our customers,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply.

“We are excited to join the SiteOne family and expand our ability to serve our customers and provide increased opportunities for our associates,” said Trevor Cole, founder and owner of Across the Pond.

This is the fourth 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/20220615006009/en/

Investor Relations:

SiteOne Landscape Supply, Inc.

470-277-7011

investors@siteone.com



or



Media:

SiteOne Landscape Supply, Inc.

Allison Flynn 470-277-7293

Director, Integrated Marketing

AFlynn@SiteOne.com

Source: SiteOne Landscape Supply, Inc.

FAQ

What is the significance of SiteOne's acquisition of Across the Pond?

The acquisition enhances SiteOne's product offerings in the Huntsville market and continues its expansion strategy.

How many acquisitions has SiteOne completed in 2022?

SiteOne has completed four acquisitions in 2022.

Where is Across the Pond located?

Across the Pond is located in Huntsville, Alabama.

What type of products does Across the Pond distribute?

Across the Pond is a wholesale distributor of hardscapes and bulk landscape materials.

How does this acquisition impact SiteOne's market presence?

This acquisition strengthens SiteOne's presence in the landscape supply industry by increasing its market reach.