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Preferred Seed Joins SiteOne Landscape Supply


SiteOne® Landscape Supply, Inc. (NYSE: SITE) announced today the company completed its acquisition of Preferred Seed, a wholesale distributor of seed and agronomics products with one location serving the Buffalo, Rochester, and Erie markets in New York and Pennsylvania.

“Preferred Seed is a strong market leader in seed and agronomics products in upstate New York with a terrific team,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply. “With their extensive experience, wealth of knowledge, and exceptional reputation for excellent customer service, they are a perfect complement to our existing business and a great addition to the SiteOne family.”

“We’re excited to see how Preferred Seed will continue to grow as part of the SiteOne Landscape Supply family,” said Jack Bryant, co-owner of Preferred Seed. “This partnership will enhance opportunities for our team and our customers.”

“We pride ourselves on outstanding and personal customer service and know that SiteOne will help us continue that tradition,” said Garrett Coleman, co-owner of Preferred Seed. “We look forward to continuing to serve our customers with expanded capabilities and the same friendly service they’re accustomed to.”

This is the third 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/20220429005535/en/

SiteOne Landscape Supply Inc Stock

€133.00
1.530%
There is an upward development for SiteOne Landscape Supply Inc compared to yesterday, with an increase of €2.00 (1.530%).
Currently there is a rather positive sentiment for SiteOne Landscape Supply Inc with 10 Buy predictions and 7 Sell predictions.
With a target price of 144 € there is a slightly positive potential of 8.27% for SiteOne Landscape Supply Inc compared to the current price of 133.0 €.
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