Dan and Jerryâ€™s Greenhouse Buys Iowa-Based DeJong Greenhouses
Dan and Jerry’s Greenhouse
Dan and Jerryâ€™s Greenhouses, a Minnesota-based grower that ranked #45 on Greenhouse Growerâ€™s 2016 Top 100 Growers list, recently acquired DeJong Greenhouses, which is located in Pella, IA.
â€œWe had been talking to them for a couple years, and we liked the fact that they are a third-generation family owned business with a good reputation in the industry and a solid customer base,â€ says Dan Totushek, President of Dan and Jerryâ€™s Greenhouses. â€œThese were all important factors for us.â€
Totushek also says the differences between the companiesâ€™ product lines will give Dan and Jerryâ€™s a chance to expand its customer base.
â€œWe primarily grow spring bedding plants, and they do a lot of year-round potted floral crops,â€ Totushek says. â€œThis gives us an opportunity to expand their product line to some of our customer base, and an opportunity for us to connect with their customers.â€ In particular, Totushek says DeJongâ€™s location in central Iowa will give Dan and Jerryâ€™s a more localized point to connect with customers. â€œTheir staff members are certainly committed to quality,â€ Totushek says. â€œWe hold a lot of the same cultural values, so itâ€™s working out well.â€
Dan and Jerryâ€™s Greenhouses has a total of four locations, two in Monticello, MN, one in Buffalo, MN, and one in Madison, SD, encompassing approximately 35 acres (1.57 million square feet) of greenhouse space. The company serves independent garden centers, regional chains, supermarket chains, and nurseries throughout Illinois, Iowa, Minnesota, Nebraska, North Dakota, South Dakota, and Wisconsin.
DeJong Greenhouses is an 80-year-old business that has been continuously family owned. It has three major production locations, two in Pella and one in Oskaloosa, IA. It delivers to major retailers and landscapers throughout Iowa and in the Kansas City, Omaha, and St. Louis markets.
Note: Aspen Grove Investments, Inc. was proud to represent DeJong Greenhouses in this transaction.