Floramoda, Inc. Finalizes Purchase of Nurserymen’s Exchange, Inc. Operations
NEW COMPANY TO EXPAND PRODUCT OFFERINGS; INITIATES GLOBAL FLORICULTURE THINK TANK
SALINAS, Calif. - Aug. 8, 2011 - Floramoda, Inc., a subsidiary of Monterey Peninsula Horticulture, Inc. (MPH), announced today that it has finalized the purchase of the operating business and accompanying assets of Nurserymen's Exchange, Inc. (NEI). NEI is a leading wholesaler of indoor potted blooming plants, specialty foliage, and edible plants in the U.S. that markets under the BloomRite® brand. Nurserymen's Exchange will continue to operate under that name at its existing location.
