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.