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SiteOne Landscape Supply Grows Midwest Natural Stone Business With Acquisition of Semco Stone, LLC


SiteOne® Landscape Supply, Inc. (NYSE: SITE) announced today that Semco Stone, LLC (“Semco”) has joined SiteOne.

Semco is one of the largest natural stone distributors in the Midwest with four wholesale locations in Cincinnati, Ohio; Columbus, Ohio; Kansas City, Missouri; and Perryville, Missouri, providing a full line of natural landscaping, building stone products and landscape supplies.

“Semco Stone is a tremendously successful organization with a well-known reputation for high-quality natural stone and concrete products and an experienced team who deliver an excellent customer experience,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply.

“At Semco, we believe our employees are our most important asset, a value we share with SiteOne Landscape Supply,” said Ed Robinson, Semco’s owner since 1999. “To be the best, you need the best on your team, so we are excited to join the SiteOne family and increase the benefits for both our people and our customers.”

“We are excited to welcome Semco’s associates and customers to the SiteOne family,” said Black. “This is our seventh acquisition in 2021 as we continue to expand the number of markets in which 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/20211115006269/en/

SiteOne Landscape Supply Inc Stock

€146.00
-2.670%
We can see a decrease in the price for SiteOne Landscape Supply Inc. Compared to yesterday it has lost -€4.000 (-2.670%).
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 €.
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