MAR 18·BizTimes - Milwaukee Business News▲
Georgia-based landscape supplies distributor acquires Reinders
SiteOne Landscape Supply Inc., a publicly traded company based in Roswell, Georgia, has acquired Reinders, a fifth-generation family-owned distributor of landscape supplies headquartered in Sussex, Wisconsin. The terms of the deal were not disclosed, but SiteOne, the largest wholesale distributor of landscape supplies in North America, aims to expand its market presence and offerings in the Midwest. Ann Reinders, vice president of operations, will remain with the company, while Craig Reinders will lead Spartan Turf Products, the family's Toro distribution business.
MAR 15·MarketBeat→
Cartenna Capital LP Takes Position in SiteOne Landscape Supply, Inc. $SITE
Cartenna Capital LP has disclosed a new position in SiteOne Landscape Supply, Inc. (NYSE:SITE), purchasing 495,000 shares valued at approximately $63.76 million, making it their 19th largest holding. Other institutional investors have also adjusted their stakes in SiteOne Landscape Supply, which recently reported earnings that beat analyst expectations. The company's stock currently has an average analyst rating of "Hold" with an average price target of $159.44.