SiteOne Landscape Supply’s Devil Mountain Joint Venture Acquires Pacific Nurseries

03.01.25 14:30 Uhr

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SiteOne® Landscape Supply, Inc. (NYSE: SITE) announced today that its majority-owned joint venture, Devil Mountain Wholesale Nursery, has acquired Pacific Nurseries, a wholesale distributor of nursery products with one location in Colma, California, part of the San Francisco Bay area market.

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"With this addition, Devil Mountain President Drew McMillan continues to execute on the company’s growth strategy,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply. "The acquisition of Pacific adds a strategically located site in the Bay Area to better serve our combined customers, as we work to offer the full range of landscape products and services to our customers across the U.S. and Canada.”

"The Baldocchi family have created and maintained a wonderful nursery that has served our industry for 28 years,” said Drew McMillan, President of Devil Mountain Wholesale Nursery. "We look forward to continuing their legacy of quality, service and dedication to their employees while we merge our teams under the Devil Mountain brand.”

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This is the first acquisition in 2025 for Devil Mountain, of which SiteOne purchased a majority stake in April 2024.

About Devil Mountain Wholesale Nursery:

Devil Mountain Wholesale Nursery is the largest wholesale distributor of landscape trees and plants in California, focusing on sales to landscape professionals. Devil Mountain maintains best in class nurseries, conducts a robust brokerage service, and operates five growing facilities for premium trees and plants, including the popular Swan Hill Olives® non-fruiting olive tree. Since 1995, Devil Mountain has been a single source nursery providing plants to commercial and residential landscape companies, landscape architects, municipalities, and major end users. For more information, visit www.devilmountainnursery.com.

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About SiteOne Landscape Supply:

SiteOne Landscape Supply (NYSE: SITE), is the largest and only full product line 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/

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Nachrichten zu SiteOne Landscape Supply Inc

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Analysen zu SiteOne Landscape Supply Inc

DatumRatingAnalyst
11.10.2018SiteOne Landscape Supply NeutralUBS AG
03.07.2018SiteOne Landscape Supply NeutralRobert W. Baird & Co. Incorporated
21.02.2018SiteOne Landscape Supply Equal WeightBarclays Capital
04.10.2017SiteOne Landscape Supply OutperformRBC Capital Markets
16.03.2017SiteOne Landscape Supply Equal WeightBarclays Capital
DatumRatingAnalyst
04.10.2017SiteOne Landscape Supply OutperformRBC Capital Markets
23.06.2016SiteOne Landscape Supply OutperformRBC Capital Markets
07.06.2016SiteOne Landscape Supply OutperformRBC Capital Markets
06.06.2016SiteOne Landscape Supply BuyDeutsche Bank AG
06.06.2016SiteOne Landscape Supply BuySunTrust
DatumRatingAnalyst
11.10.2018SiteOne Landscape Supply NeutralUBS AG
03.07.2018SiteOne Landscape Supply NeutralRobert W. Baird & Co. Incorporated
21.02.2018SiteOne Landscape Supply Equal WeightBarclays Capital
16.03.2017SiteOne Landscape Supply Equal WeightBarclays Capital
06.01.2017SiteOne Landscape Supply Equal WeightBarclays Capital
DatumRatingAnalyst

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