SiteOne Landscape Supply Acquires Stone Center of Virginia

SiteOne Landscape Supply Acquires Stone Center of Virginia

Distributor acquires business that operates as two entities — Stone Center of Richmond LLC and Stone Center of Fredericksburg LLC.
SiteOne 2021 4Q and year end sales

SiteOne Landscape Supply Inc. (NYSE: SITE), Roswell, Georgia, on Wednesday announced that it has acquired Stone Center of Richmond LLC and Stone Center of Fredericksburg LLC — known collectively Stone Center of Virginia — effective Dec. 31, 2020. Financial terms of the deal weren’t disclosed.

Stone Center of Virginia serves the Richmond and Fredericksburg, Virginia, markets with two locations that distribute hardscapes, natural stone and landscape supplies to landscape professionals.

“We are very excited to welcome Stone Center of Virginia to the SiteOne family,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply. “They have an outstanding reputation for delivering quality products and exceptional service to customers throughout Virginia. Stone Center is a perfect complement to our current irrigation, agronomics, landscape lighting and nursery products business in those markets.”

Said Marc Salafia, one of the Stone Center of Virginia founders: “By joining SiteOne, we are now better positioned to deliver our commitment of unparalleled quality, service, and value to our loyal customers in the Central Virginia market,” said. “We are especially excited for all of our employees and the opportunities they will have as part of a world-class organization.” “Stone Center has an extremely talented and seasoned team, and we are thrilled to have them join the SiteOne family.”

This deal marked SiteOne’s 11th acquisition in 2020.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.