Peoria Public Radio Staff
Tue December 24, 2013
Deere and Company sells majority share of landscape business
The buyer, for 465 million dollars, is the buy-out firm Clayton, Dubilier, and Rice which has offices in New York and London. Its other investments include Culligan, ServiceMaster, Hertz, and David's Bridal.
The largest wholesale supplier and distributor of landscape products, Deere landscapes is based in Alpharetta, Georgia, and employs about 2,000 people at 400 locations across the US.