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.

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