SiteOne Buys Green Brothers Earth Works, Southern Landscape Supply For Undisclosed Sum

SiteOne Landscape Supply Inc SITE acquires Green Brothers Earth Works and Southern Landscape Supply for undisclosed financial terms.
The acquisition strengthens SiteOne's landscape supplies and hardscapes presence in the Atlanta market.
Green Brothers have four locations focused on distributing landscape supplies and hardscapes to landscape professionals.
The purchase marks SiteOne's sixth acquisition in 2021.
SiteOne held cash and cash equivalents of $107.8 million as of July 4, 2021.
Price Action: SITE shares are trading higher by 2.16% at $195.78 on the last check Tuesday.