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Modern Builders Supply Joins SiteOne Landscape Supply


SiteOne® Landscape Supply, Inc. (NYSE: SITE) announced today that Modern Builders Supply has joined SiteOne. Modern Builders serves the San Diego, Southern Orange County and Inland Empire markets in California with two locations focused on the distribution of hardscapes and landscape supplies to landscape professionals.

“Modern Builders is a true market leader and a great fit with SiteOne as they expand and extend our existing hardscapes presence in southern California. This addition moves us strongly forward on our mission to be the best full-line distributor to landscape professionals in all major U.S. and Canadian markets,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply.

“Modern Builders has a passionate and talented team focused on providing excellent quality, service and value to their customers, and we are excited to have them as part of our family. We are committed to delivering the best customer experience in the green industry and the combination of Modern and SiteOne brings us one step closer to achieving that goal,” said Black. “This is our sixth acquisition in 2020 as we continue to expand into new markets and increase the number of markets where we provide a full range of landscape supplies and services to our customers.”

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/20200818005737/en/

SiteOne Landscape Supply Inc Stock

€151.00
2.720%
There is an upward development for SiteOne Landscape Supply Inc compared to yesterday, with an increase of €4.00 (2.720%).
Currently there is a rather positive sentiment for SiteOne Landscape Supply Inc with 8 Buy predictions and 3 Sell predictions.
With a target price of 165 € there is a slightly positive potential of 9.27% for SiteOne Landscape Supply Inc compared to the current price of 151.0 €.
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