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TreeTown USA Acquires Midas Nursery Solutions

March 26, 2019

HOUSTON--(BUSINESS WIRE)--Mar 26, 2019--TreeTown USA announced today it has acquired one of the leading horticulture automation companies, Midas Nursery Solutions of Hillsboro, Oregon for an undisclosed amount.

The agreement represents TreeTown USA’s first acquisition that doesn’t consist of a nursery operation and further solidifies its continuing commitment to deploying the most advanced automation, mechanization, and lean practices available in the industry.

According to TreeTown USA CEO Jonathan Saperstein, “Having Midas as a part of the family will go a long way in helping us develop, implement and institutionalize industry leading solutions to mechanization and lean practices. What’s more, this expanded relationship will allow us to better capitalize on Midas’ capabilities and values that they have continued to demonstrate over the years of our work with them.”

Matt Gold, Midas Nursery Solutions president, commented, “The opportunity to continue my work alongside the excellent leadership team at TreeTown USA and have access to TreeTown USA’s tremendous resources to help them achieve their objectives was something I just couldn’t pass up.”

Going forward, Midas, as a subsidiary of TreeTown USA, will no longer support outside companies and will concentrate on supporting its parent company. With the acquisition, Gold will assume direct responsibility for TreeTown USA’s industrial engineering and project teams.

About Midas Nursery Solutions

Midas Nursery Solutions provides nursery automation products designed to increase productivity and consistency and quality, including tray automation and material handling as well as potting solutions and hand held machines. The company tests and uses many of the products and stands behind each one provided. They are committed to being the best horticulture automation products supplier in the industry.

About TreeTown USA/Village Nurseries/Hines Growers

TreeTown USA, founded in 2001, is a privately-owned business headquartered in Houston, Texas, with 18 growing facilities totaling over 6,000 production acres across Texas, Florida, Oregon, and California. With the addition of a West Coast Division, including Village Nurseries and Hines Growers, the combined company now has a coast-to-coast footprint for its broad mix of high-quality plant material that includes over 5,000 unique plant selections and variations. To learn more about TreeTown USA, visit the company’s website at http://www.treetownusa.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190326005713/en/

CONTACT: Daly-Swartz PR for TreeTown USA

Jeffrey Swartz, 949-470-0075

jeffreyswartz@dsprel.com

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: SUPPLY CHAIN MANAGEMENT MANUFACTURING OTHER MANUFACTURING NATURAL RESOURCES AGRICULTURE FOREST PRODUCTS LANDSCAPE RETAIL CONSTRUCTION & PROPERTY

SOURCE: TreeTown USA

Copyright Business Wire 2019.

PUB: 03/26/2019 11:21 AM/DISC: 03/26/2019 11:21 AM

http://www.businesswire.com/news/home/20190326005713/en