Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Kaknes Landscape Supply Joins SiteOne Landscape Supply


SiteOne® Landscape Supply, Inc. (NYSE: SITE) announced today the company completed its acquisition of Kaknes Landscape Supply (“Kaknes”), a wholesale distributor of nursery products with one location in Naperville, Illinois, a suburb west of Chicago.

“Since 1989, Kaknes has built a strong reputation for outstanding customer service, excellent quality nursery material, and longstanding relationships with nursery growers,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply. “The addition of Kaknes expands our nursery presence in the Chicago market area and establishes SiteOne as a market leader. We are excited to welcome the Kaknes team to our family and continue providing a superb experience to our combined customers.”

“Our team is thrilled to join the SiteOne family,” said Dave Kaknes, Founder and Operating Partner. “The shared commitment to customers, suppliers, and associates will further strengthen the Kaknes reputation as the premier nursery distributor in our area.”

This is the 13th 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/20220907005026/en/

SiteOne Landscape Supply Inc Stock

€146.00
1.390%
There is an upward development for SiteOne Landscape Supply Inc compared to yesterday, with an increase of €2.00 (1.390%).
Currently there is a rather positive sentiment for SiteOne Landscape Supply Inc with 9 Buy predictions and 4 Sell predictions.
With a target price of 163 € there is a slightly positive potential of 11.64% for SiteOne Landscape Supply Inc compared to the current price of 146.0 €.
Like: 0
Share
Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Investor relations, public relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia.

Legal notice

Comments