SiteOne Landscape Supply Establishes Hardscapes Presence in Florida With Acquisition of Seffner Rock & Gravel

Rhea-AI Summary

SiteOne Landscape Supply (NYSE: SITE) has acquired Seffner Rock & Gravel, a leading distributor based in Tampa, Florida. This acquisition marks SiteOne's first branch dedicated to hardscapes and bulk materials in Florida. The deal enhances SiteOne's capabilities to service customers in the Central Florida market, contributing to its growth strategy with a total of eight acquisitions in 2021. Seffner's reputation for high-quality products aligns well with SiteOne's focus on delivering top-tier landscape supplies to professionals in the industry.

Positive

• Acquisition of Seffner Rock & Gravel expands SiteOne's footprint in Florida.
• Enhances hardscapes offering for customers in the Central Florida market.
• Seffner's strong reputation for quality aligns with SiteOne's service standards.

Negative

• None.

ROSWELL, Ga.--(BUSINESS WIRE)-- SiteOne® Landscape Supply, Inc. (NYSE: SITE) announced today that Seffner Rock & Gravel (“Seffner”) has joined SiteOne.

Seffner is a leading distributor of natural stone, bulk aggregates, mulch, soil and other landscape supplies with one location in Tampa, Florida. This acquisition establishes the first hardscapes and bulk material branch in Florida for SiteOne.

“Seffner Rock & Gravel has built a terrific business in Tampa with a reputation for high-quality natural stone, bulk aggregate products, and best-in-class service to its customers,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply.

“We are truly excited to join the SiteOne family,” said Chuck Bothe, founder and owner of Seffner. “It is a great cultural fit for our team, and we believe this combination will enhance our capabilities to service our customers throughout the Tampa market.”

“We are excited to welcome Seffner Rock & Gravel to the SiteOne family,” Black said. “This is the eighth acquisition in 2021 for SiteOne and an excellent opportunity to expand our hardscapes offering for customers in the Central Florida market.”

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/20211201006050/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 the acquisition of Seffner Rock & Gravel by SiteOne?

The acquisition allows SiteOne to enter the Florida market for hardscapes and bulk materials, enhancing its service capabilities.

How many acquisitions has SiteOne made in 2021?

SiteOne has made a total of eight acquisitions in 2021.

What type of products does Seffner Rock & Gravel distribute?

Seffner Rock & Gravel distributes natural stone, bulk aggregates, mulch, soil, and other landscape supplies.

Where is Seffner Rock & Gravel located?

Seffner Rock & Gravel is located in Tampa, Florida.

How will the acquisition impact SiteOne's operations in Florida?

The acquisition will enhance SiteOne's ability to serve the Central Florida market with a broader range of hardscapes products.