Whittlesey Landscape Supplies & Recycling Joins SiteOne Landscape Supply

Rhea-AI Summary

SiteOne Landscape Supply (NYSE: SITE) has completed the acquisition of Whittlesey Landscape Supplies & Recycling, enhancing its position as a leader in bulk landscape supplies and hardscapes in central Texas. This marks SiteOne's 16th acquisition in 2022, reflecting its strategy to expand in key markets. The acquisition is expected to create stronger value for customers, according to both the CEO of SiteOne and the owner of Whittlesey. SiteOne continues to advance its national presence as the only full product line wholesale distributor of landscape supplies in the U.S.

Positive

• Acquisition of Whittlesey increases market leadership in Texas.
• 16th acquisition in 2022 indicates aggressive growth strategy.
• Strengthened value and opportunities for combined customer base.

Negative

• None.

ROSWELL, Ga.--(BUSINESS WIRE)-- SiteOne® Landscape Supply, Inc. (NYSE: SITE) announced today the company completed its acquisition of Whittlesey Landscape Supplies & Recycling (“Whittlesey”), a producer and wholesale distributor of bulk landscape supplies and hardscapes with seven facilities across central Texas.

“The addition of Whittlesey Landscape Supplies & Recycling establishes SiteOne as the leader in bulk landscape supplies and hardscapes in central Texas, one of the fastest growing markets in the U.S.,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply. “We are excited to welcome the talented Whittlesey team to SiteOne and continue providing exceptional products and service to our combined customers.”

“We are truly excited to join the SiteOne family and look forward to the expanded opportunities for our incredible team,” said Clayton Whittlesey, owner of Whittlesey. “Together, we know that we will create even stronger value for our customers.”

This is the 16^th 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 full product line 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/20221222005386/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, Inc.

FAQ

What did SiteOne announce regarding its acquisition of Whittlesey Landscape Supplies?

SiteOne announced the completion of its acquisition of Whittlesey Landscape Supplies & Recycling, expanding its leadership in the central Texas market.

How many acquisitions has SiteOne made in 2022?

SiteOne has made 16 acquisitions in 2022.

What market does the acquisition of Whittlesey Landscape Supplies expand SiteOne's presence in?

The acquisition expands SiteOne's presence in the central Texas market, one of the fastest growing areas in the U.S.

What does the acquisition of Whittlesey mean for SiteOne's customers?

The acquisition is expected to create stronger value and expanded opportunities for SiteOne's customers.

What is the stock symbol for SiteOne Landscape Supply?

The stock symbol for SiteOne Landscape Supply is SITE.