SiteOne Landscape Supply, Inc. acquired a 75% stake in Devil Mountain Wholesale Nursery, LLC.
April 29, 2024
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SiteOne Landscape Supply, Inc. (NYSE:SITE) acquired a 75% stake in Devil Mountain Wholesale Nursery, LLC on April 30, 2024. Drew McMillan will continue to lead Devil Mountain as its President. The agreement contains separate put and call options whereby the remaining 25% ownership interest in Devil Mountain may be sold to SiteOne Landscape Supply, Inc.
SiteOne Landscape Supply, Inc. (NYSE:SITE) completed the acquisition of a 75% stake in Devil Mountain Wholesale Nursery, LLC on April 30, 2024.
SiteOne Landscape Supply, Inc. is a 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. The Company offers a comprehensive selection of approximately 160,000 stock keeping units (SKUs) including irrigation supplies, fertilizer, and control products (herbicides), hardscapes (including pavers, natural stone, and blocks), landscape accessories, nursery goods, outdoor lighting, and ice melt products to green industry professionals. It also provides value-added consultative services, which include assistance with irrigation project take-offs, commercial project planning, generation of sales leads, business operations, and product support services, as well as a series of technical and business management seminars.
SITEONE LANDSCAPE SUPPLY, INC. 
