Davey Made $60 Million in Acquisitions in 2008 |

Davey Tree recently filed its Annual Report on Form 10-K with the Securities and Exchange Commission for 2008. In the filing, Davey reported $60 million in acquisitions during the year, including $16 million in cash, $15 million in stock, $6 million in debt issued and $23 million in liablities assumed. Davey made two large acquisitions mid-year, The Care of Trees, based in Wheeling, Illinois, and Wolf Tree Experts, based in Knoxville, Tennessee.

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