River Valley Horticultural Products Joins SiteOne Landscape Supply

Rhea-AI Summary

SiteOne® Landscape Supply completed the acquisition of River Valley Horticultural Products, a distributor of landscape supplies based in Little Rock, Arkansas. This acquisition marks SiteOne's eighth foray into expanding its market presence in 2022, enhancing its service offerings to landscape professionals in Central Arkansas. SiteOne aims to leverage River Valley's established reputation and customer base to provide a fuller range of landscaping products. This strategic move aligns with SiteOne's goal of becoming a comprehensive distributor in the landscape supply sector.

Positive

• Acquisition of River Valley enhances SiteOne's service offerings in Central Arkansas.
• This is the eighth acquisition for SiteOne in 2022, indicating strong growth strategy.
• River Valley's established reputation may attract new customers to SiteOne.

Negative

• None.

ROSWELL, Ga.--(BUSINESS WIRE)-- SiteOne® Landscape Supply, Inc. (NYSE: SITE) announced today the company completed its acquisition of River Valley Horticultural Products, Inc. (“River Valley”), a wholesale distributor of nursery, hardscapes, and landscape supply products with one location in Little Rock, Arkansas.

“For more than 25 years, River Valley has built a strong reputation in Little Rock by offering high-quality nursery and bulk products with exceptional customer service,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply. “Together we will be able to provide a full line of landscaping products and supplies to landscape professionals throughout Central Arkansas.”

“We are truly excited to join the SiteOne family so we can provide even greater value for our customers and more opportunities for our associates,” said Scott Smith, founder and owner of River Valley.

This is the eighth 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/20220721005926/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 recent acquisition did SiteOne announce?

SiteOne recently announced the acquisition of River Valley Horticultural Products, expanding its market in Central Arkansas.

How many acquisitions has SiteOne made in 2022?

SiteOne has made eight acquisitions in 2022.

What products does River Valley Horticultural Products distribute?

River Valley distributes nursery, hardscapes, and landscape supply products.

Where is River Valley Horticultural Products located?

River Valley is located in Little Rock, Arkansas.

What is the significance of the River Valley acquisition for SiteOne?

The acquisition allows SiteOne to provide a fuller range of landscaping products and services to professionals in the region.