U.S.: Dave Wilson Nursery acquires Fredriks Nursery

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U.S.: Dave Wilson Nursery acquires Fredriks Nursery

Dave Wilson Nursery has announced the purchase of Fredriks Nursery in Ripon, California

The deal - to close in January 2020 -  provides "significant growth" for Dave Wilson's potted tree division. It will increase environment-controlled greenhouse tree farming by 13 acres.

Dave Wilson Nursery is the largest nut and fruit tree nursery in the world and has "had its eyes set on greenhouse expansion" for a while. Fredrik's current flower nursery gave it the opportunity to do just that.

Dave Wilson CEO Bill Reid said: "When David Fredrik approached us with the opportunity to purchase, the deal came together quickly.

"This has been a win-win because David wanted to sell and we're looking to grow our potted division. Obviously, the acquisition is better than new build construction for environmental and timing reasons."

Current flower nursery spaces will "undergo technological enhancements" in order to get up to Dave Wilson Nursery's standards. The two nurseries expect "seamless" integration because Fredrik's facility is within 30 miles of the Dave Wilson Nursery headquarters.

Dave Wilson Nursery also said that it set crop conversion goals for this winter and early spring. This means that its newly grown almond, walnut and stone fruit will be available to customers beginning in fall 2020.

Greenhouse farming is more efficient and productive than open ground farming, stated Dave Wilson Nursery.

The nursery saw this acquisition as a means to increase consistency and expand. On the other hand, Fredrik Nursery was equally as pleased.

"When the opportunity to sell to a fellow Central Valley family-owned business presented itself, it made sense for our family to sell at this time in our life," according to David Fredrik, president.

We believe that Dave Wilson Nursery will be a good partner here in Ripon and we're pleased by the local leadership."

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