SiteOne Landscape Supply, Inc. (NYSE: SITE) completed the purchase of French Broad Stone Yards, a wholesale distributor of hard‑scape products with two locations in Arden and Brevard, North Carolina, on November 26 2025. The transaction adds two new product sites to SiteOne’s network and strengthens its foothold in the growing North Carolina mountain region.
The acquisition broadens SiteOne’s product offering and geographic coverage, allowing the company to serve a wider range of landscape professionals with a more diverse inventory of hard‑scape materials. By integrating French Broad Stone Yards, SiteOne can leverage its existing distribution infrastructure to accelerate market penetration in the region and capture additional share of the local landscaping and construction markets.
SiteOne’s Q3 2025 results provide a strong backdrop for the deal. The company reported earnings per share of $1.31, beating analyst expectations of $1.22 by $0.09—a beat driven by disciplined cost management and a favorable product mix that lifted gross margin to 34.7%. Net sales rose 4% year‑over‑year to $1.258 billion, in line with estimates, while adjusted EBITDA climbed 11% to $127.5 million, reflecting both revenue growth and margin expansion. Management guided for full‑year adjusted EBITDA of $405 million to $415 million, incorporating a $4 million to $6 million charge for branch consolidations but maintaining confidence in continued profitability.
Doug Black, SiteOne’s Chairman and CEO, said the acquisition “expands our presence in the North Carolina mountain region, strengthening our team and increasing the products and services we offer in this growing market.” French Broad Stone Yards president Cody Macfie added that joining SiteOne “provides a natural fit to continue the legacy our team has built in delivering quality products and excellent service to our customers.”
The deal positions SiteOne to capitalize on rising demand for hard‑scape materials in the region, while the company’s recent earnings performance signals that it can integrate new assets without eroding margins. The acquisition is part of SiteOne’s broader strategy of adding complementary distributors to accelerate growth across the United States and Canada, and it is expected to enhance the company’s competitive advantage in the landscape supply industry.
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