Lucky Landscape Supply, LLC Joins SiteOne Landscape Supply

Rhea-AI Summary

SiteOne Landscape Supply, Inc. (NYSE: SITE) has announced its acquisition of Lucky Landscape Supply, LLC, effective February 17, 2021. Located in Katy, TX, Lucky Landscape enhances SiteOne's presence in the Greater Houston area, marking the company’s fourth dedicated nursery branch in this market. Doug Black, Chairman and CEO, emphasized the strategic nature of this acquisition, which aims to enhance product and service offerings. The owners of Lucky Landscape expressed satisfaction with the partnership due to shared core values and culture.

Positive

• Acquisition of Lucky Landscape Supply enhances SiteOne's market presence in Greater Houston.
• This marks SiteOne's fourth dedicated nursery branch in the Houston area.
• The acquisition is expected to expand product and service offerings to customers.

Negative

• None.

SiteOne® Landscape Supply, Inc. (NYSE: SITE) announced that Lucky Landscape Supply, LLC joined SiteOne, effective February 17, 2021. Lucky Landscape is located in Katy, TX, which is just west of Houston. It serves the Greater Houston market from a single location focused on the distribution of nursery products to landscape professionals.

“Lucky Landscape provides us with our fourth dedicated nursery branch within the Houston MSA, complementing our existing business and enhancing our ability to provide a full line of products and services in Houston,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply.

“Partnering with SiteOne was the right decision to make for our customers, suppliers and most importantly our incredible team of associates, given the similarities in both companies’ core values and culture,” said Curtis and Mary Ann Glueck, owners of Lucky Landscape Supply, LLC.

“Lucky Landscape has an extremely talented and seasoned team, and we are thrilled to have them join the SiteOne family,” said Black. “This is our first acquisition in 2021 as we continue to expand the number of markets in which we provide a full range of products and services to our customers.”

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/20210222005780/en/

FAQ

What does the acquisition of Lucky Landscape Supply mean for SiteOne (NYSE: SITE)?

The acquisition expands SiteOne's presence in Greater Houston and enhances its product offerings.

When did SiteOne acquire Lucky Landscape Supply?

The acquisition became effective on February 17, 2021.

Where is Lucky Landscape Supply located?

Lucky Landscape Supply is located in Katy, TX, west of Houston.

How many nursery branches does SiteOne have in the Houston area after this acquisition?

After this acquisition, SiteOne has four dedicated nursery branches in the Houston area.