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National lawncare giant buys local competitor
The consolidation trend is cutting into the lawn mowing industry. The drive in many industries to roll up regional companies under a single national brand hit the world of commercial lawn care and landscape maintenance when TruGreen-ChemLawn bought Portland's Northwest Landscape Industries last month for an undisclosed sum. The deal was the first in a rapid series of acquisitions that positioned TruGreen in the landscape market in three portions of the country.
For TruGreen, the Portland transaction provides a solid presence in the Northwest market and an avenue for further acquisitions. For the founders of the …