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Altman Plants purchases EuroAmerican inventory, in escrow on property

The Vista, California-based wholesale nursery Altman Plants has purchased plant inventory from the property of EuroAmerican Propagators, a young plant and retail-ready producer that filed for Chapter 7 bankruptcy protection at the end of January. The $200,000 cash sale, which also includes pots, trays and boxes, was approved under an emergency motion by the U.S. Bankruptcy Court Southern District of California on Feb. 10, 2017. Ken Altman, president of Altman Plants, said he is in escrow on a land purchase as well from owner Jerry Church, co-founder of EuroAmerican. Altman plans to use the 55 acres of EuroAmerican space primarily for Plug Connection’s young plant production.

Click here to read the entire article on Garden Center Magazine.