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A definitive agreement has been announced by Houston-based TreeTown USA to purchase Village Nurseries of Orange County, California. The deal is being reported to be one of the largest strategic nursery acquisitions in recent history and will create a nursery with a coast-to-coast footprint. Sixteen-year-old, privately-owned TreeTown has three locations in Texas: Winnsboro, Colfax and Glen Flora, and four in Florida: Pahokee, Canal Point, Homestead and Bunnell. Village Nurseries, founded in 1976, has wholesale sales offices in the city of Orange, California, and in Sacramento, with more than 900 acres under cultivation in growing facilities located strategically throughout Northern and Southern California. The addition of the West Coast operation, which will continue to operate under its trade name, means that TreeTown's 16 farm locations will total over 4,000 acres in production. A company statement relates that the strategic acquisition "supports TreeTown USA's continued growth plans and accelerates entry into new and adjacent markets." Their CEO Jonathan Saperstein adds, "This acquisition is an opportunity to merge two excellent companies that share the same customer-centric cultures. We will capitalize on the combined resources of the company to create industry leading best practices while fostering a safe and rewarding work environment for our 1,500-plus full-time employees." David House, president of Village Nurseries says that they are extremely excited about the potential. "It allows us to partner with one of the industry's leading wholesale nurseries and positions us to expand our geographic reach to industry professionals seeking the wide breadth of trees and shrubs we offer, many of which are patented or exclusive and not readily available at other wholesale nurseries." Hurricane Harvey reportedly caused minor damage to some of TreeTown's growing fields but did not have much, or any, influence on the negotiations since the closing date, the end of September, was set before the storm hit and is still being met.
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