AUSTIN, Texas – AVEW Holdings Inc. (OTC PINK: AVEW) Sept. 8 announced it is acquiring Countryside Nursery & Landscape Inc. (CSNL), based here.
CSNL has averaged annual revenues of $5,061,367 over the past six years. CSNL is a full service retail garden center, and provides landscape design and installation, irrigation, irrigation design and installation, and lawn maintenance.
CSNL currently has 51 employees, seven managers, and professional horticulture personnel on staff in order to service their 200-plus clients. The nursery is situated on 3.572 acres with 7500 square feet of covered space. CSNL has over 2 acres of trees and shrubs as well as a walk-in retail nursery.
AVEW said it is moving all of its divisions to the CSNL property to consolidate offices and management personnel, and to minimize overhead costs
Said Neal Puckett, COO of Austin Premier Pools & Spas, a completed AVEW acquisition: "The addition of Countryside Nursery to the AVEW family is a tremendous success. The acquisition offers our pool division the in-house landscaping and irrigation component business."
Added Jay Ling President of AVEW, who has over 30 years experience in landscaping design and installation: "The Nursery and Landscape component brings our service model full circle. This is a unique opportunity and a first for a small public specialty construction company with all its divisions working to provide a truly full service design, construction, and service business to our pool and outdoor living clients"