Benzinga | Aug 24, 2021 03:11PM EDT

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

* SiteOne Landscape Supply Inc (NYSE: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.