Moline, Ill.-based Deere & Co. last week announced that it completed its acquisition of Lesco Inc., an Ohio-based company that supplies lawn care, landscape, golf course and pest-control products.
Deere and Lesco had announced a definitive merger agreement in February. Deere said the transaction roughly doubles the number of store locations for John Deere Landscapes with the addition of Lesco's 345 stores and 114 Stores-on-Wheels, strengthening its presence across the United States, especially in the eastern seaboard states.
The combination of Lesco and John Deere Landscapes will significantly increase the volume of consumable products sold by John Deere Landscapes; will expand the customer base for both LESCO and John Deere Landscapes products and services; and will complement John Deere's work in the Golf & Turf One Source business, which focuses on bringing total solutions to those who maintain golf course properties, the company said.
Deere & Co. is a global provider of advanced products and services for agriculture and forestry, and a major provider of advanced products and services for construction, lawn and turf care, landscaping and irrigation. John Deere also provides financial services worldwide and manufactures and markets engines used in heavy equipment.
