SiteOne announces acquisition activity
SiteOne Landscape Supply, Inc. announced an acquisition and a majority share purchase at the end of April.
Eggemeyer Supply
First, it acquired Eggemeyer, a wholesale distributor of bulk landscape supplies with one location in New Braunfels, Texas, serving the greater central and south Texas market.
“Since 2006, Eggemeyer has built a tremendous reputation as the leading distributor of bulk landscape supplies in the San Antonio market,” said Doug Black, chairman and CEO of SiteOne Landscape Supply. “This addition solidifies our position as the leading bulk landscape distributor in the fast-growing central Texas region. We welcome Eggemeyer’s strong leadership and experienced team, which will enhance the breadth of products and service to our combined customers.”
“Joining SiteOne allows us to better serve our customers with new products and technology, while also providing exciting career opportunities and growth to our employees. We’re excited to join the SiteOne family and continue growing, Stronger Together,” said Steve Eggemeyer, founder and owner of Eggemeyer.
This is the first acquisition in 2024 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.
Devil Mountain Nursery, California
On April 30, SiteOne Landscape Supply, Inc. announced its purchase of a majority stake in Devil Mountain Wholesale Nursery, LLC, the largest wholesale distributor of landscape trees and plants in California, with eight wholesale nursery distribution branches and six growing facilities across the state. The transaction includes the option for SiteOne to purchase the remaining interest in Devil Mountain in future years. Drew McMillan will continue to lead Devil Mountain as its President.
“Since Pat Murphy founded Devil Mountain in San Ramon in 1995, he and later Drew have built an outstanding team, network of facilities and reputation as the California market leader in nursery wholesale distribution,” said Doug Black, chairman and CEO of SiteOne Landscape Supply. “Devil Mountain’s ability to deliver the full range of high-quality nursery products to contractors and projects of all sizes completes our full product line offering for our customers in California and provides us with a terrific platform for Nursery growth in the Western US. We are very excited to welcome Pat, Drew and the talented Devil Mountain team to the SiteOne family and look forward to working together to build our Nursery capability further throughout the western region.”
This is the second acquisition in 2024 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.