Landscape distributor Heritage Landscape Supply Group Inc., a McKinney, Texas-based subsidiary of SRS Distribution, on Friday announced that it has acquired Beehive Brick & Stone, a family-owned distributor of pavers, natural and manufactured stone, brick, and other complementary landscape products. Financial terms of the deal weren’t disclosed.
Based in Salt Lake City, Utah, Beehive is owned by Paul Nipper and his family and is currently run by the company’s president, Brad Fairbanks, and general manager and vice president of operations, Tyler Rast. Beehive operates two locations: a showroom in Sandy, Utah, and an inventory yard in Salt Lake City. Fairbanks and Rast will continue to lead the company under the Beehive banner.
“We are thrilled to be entering the Utah market (our 25th state) through our new partnership with Beehive,” said Matt McDermott, president of Heritage. “Beehive’s commitment to excellence, integrity, and safety aligns well with our core values and we are excited to welcome the Company’s entire team to the growing Heritage family.”
Said Nipper: “Our family has always operated with a focus on putting the employees first, a shared value we recognized in Heritage from our first meeting. I am confident Heritage will be an excellent steward of Beehive’s legacy.”
Added Fairbanks: “We are happy to be joining the Heritage family and our entire team is genuinely excited to see what the future holds. Beehive’s customers, suppliers, and employees can all look forward to new opportunities ahead and enhanced growth in the years to come.”