SAF WEdnesday E-Brief
August 1, 2007 Your weekly industry news and business trends update from SAF
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Floriculture Crops Survey Released
Farm Bill Passes House
Senate Leader Promises to Hold AgJOBS Vote
Snapdragons in a Snap in Ala.
SAF Provides Flowers for USDA Event
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Boesen Buys Chicago Floral Operation; Plans More Growth
Florist Celebrates 50th With a Memorable Bang
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Accident Prevention: Protect Your Business, Customers
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Newsmakers
Boesen Buys Chicago Floral Operation; Plans More Growth

Boesen the Florist of Des Moines, Iowa, is quickly becoming a Midwest power player with purchases of stores in Omaha, Neb., earlier this year, and now, its latest acquisition: six Amlings Flowerland locations in the Chicago suburbs.

And, this won't be the last business deal for Boesen the Florist co-owners, Ed, Tom and Frank. As Ed says, "We're always on the hunt," to grow the family business, which, with this year's acquisitions, has 26 locations.
 
"I, personally, would confine the target [acquisition] area to the Midwest, where people are like us," says Ed, who's handled the recent Amlings purchase. "I don't know where that stops."

Boesen the Florist, founded in 1923, acquired Piccolo's Florist & Gifts in Omaha in 2007 and Locker's Florist in the Milwaukee area in 2001. Amlings Flowerland locations include: Arlington, Deerfield, Naperville, St. Charles, Willowbrook and Wheaton. In each case, says Tom Boesen, the shop owners sought out Boesen the Florist when it came time to sell their business.

"We have yet to pick up the phone and call people to say we want to buy; we were approached," Tom says. "Every phone number has come our direction."

In all cases, the store names remain the same. "We keep the names, we keep the people," Ed Boesen says. "We just become tools in the tool box to better help them do their jobs."

Ed says he decided to buy Amlings because it was one of "the most recognized names in the business," as well as one of the oldest, at 118 years running.

Ed suspects businesses approach Boesen's because of its emphasis on service, quality and adapting each store to match the constantly changing customer needs. For example, he says, the company operates with a modern, technology-embracing business model that depends on a specific marketing structure, complete with purchasing and risk management plans.

"We have a reputation of growing businesses, not shrinking them," Ed Boesen says. And, he says, shop owners who sell their flower operations to Boesen know the store will benefit from the enhanced employee benefits and advertising scale of a larger operation.

The Boesen family has owned the business since 1923, except for about a little more than two years, from October 1998 to February 2001, when Gerald Stevens, a retail consolidator that eventually failed, purchased Boesen the Florist. The Boesen brothers bought back their operation in February 2001.

--Cassandra P. Foster
cfoster@safnow.org




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