CRAIN'S AKRON BUSINESS
DAVEY TREE
The Davey Tree headquarters in Kent
For the second time in a week, Kent's Davey Tree Expert Co. has announced an acquisition.
This time, the big employee-owned tree-service company said it has acquired B. Haney & Sons Tree Service, a Chicago-area company that provides residential and commercial tree care, plant health care and wood-waste recycling services.
B. Haney's not huge, with 12 employees, but Davey said it brings some new services to existing customers in and around Chicago, and Davey plans to bring its own expertise to existing clients of B. Haney.
"Clients of Davey and B. Haney will benefit from the expanded service capabilities they offer," said Davey's South Chicago operations manager, Geoff Cowan. "The technical knowledge, equipment, facilities and rich arboricultural history of B. Haney are a great complement to our existing offices here."
On Dec. 11, the ever-acquisitive Davey announced its Davey Resource Group subsidiary had purchased Amy S. Greene Environmental consultants of New Jersey.
Greene, with 29 employees, works in New Jersey, New York, Pennsylvania, Delaware, Connecticut and some surrounding areas.
Employees of both firms are joining Davey, which has grown over the years via approximately 40 acquisitions made since the company became employee-owned in 1979.
That strategy has also grown Davey's revenues from $60 million a year to more than $1.1 billion annually over that 40-year span.
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