In one of the biggest deals in industry history, Altman Plants has doubled its size in the past year by acquiring additional space, including purchasing the remaining assets of Color Spot Nurseries, to take the lead as the nation’s largest greenhouse grower.
In an interview with Greenhouse Grower, we got to know this large producer of shrubs, trees, and perennials a bit better, and learned what CEO Jonathan Saperstein plans to do with the Hines Division locations now that TreeTown USA as officially acquired the business from Wells Fargo.
With its pending sale to Wells Fargo Bank, Color Spot’s growing operations will continue in order to honor customer commitments. Meanwhile, the Hines Division, which will be sold to TreeTown USA, will support the company’s continued growth across the U.S.
Strong growth among the nation’s largest growers shows no signs of slowing down, as nearly a third of the Top 100 growers have significantly expanded production, and many have ongoing projects underway.
In light of the March 14 announcement that Bell Nursery Holdings LLC had been acquired by Central Garden & Pet, Greenhouse Grower caught up with Bell Nursery CEO Gary Mangum to get the backstory on the deal. Here is our full interview with Mangum.
Greenhouse Grower just learned that Bell Nursery, headquartered in Elkridge, MD, has been acquired by Central Garden & Pet Company, a leading innovator, producer, and distributor of branded and private label products for the lawn and garden and pet supplies markets.
Almost a year after buying indoor houseplant grower Delray Plants, Costa Farms has acquired Florida-based Green Leaf Nursery, Inc., which produces indoor foliage and tropical plants on around 50 acres.