M+A Matting to Acquire Millennium Mats

03/08/2024

M+A Matting LLC, LaGrange, GA, recently announced that its UK subsidiary, M+A Matting UK Ltd., has entered into an agreement to acquire the UK manufacturing operations from Millennium Mats.

Elis Acquires Moderna Holding BV in the Netherlands

02/02/2024

Elis, Saint-Cloud, France, recently announced the signing of an agreement to acquire 100% of Moderna Holding BV in the Netherlands. The closing of the transaction is expected to occur before the end of the first quarter of 2024, subject to the standard regulatory reviews.

Nixon Medical Acquires Florida Healthcare Business

01/25/2024

Nixon Medical, New Castle, DE,  announced today that it has acquired the healthcare business of A Linen Connection, an Orlando, FL-based provider of laundry services to both the medical and food & beverage markets that has served customers across Central Florida for more than 40 years.

K-Bro Closes Villeray Acquisition

11/03/2023

K-Bro Linen Inc., Edmonton, Alberta, Canada, recently announced that it has completed its acquisition of Buanderie Villeray and its affiliate Buanderie La Relance for an enterprise value of $11.5 million and a potential earnout of $1 million, according to a news release.

M&As – Urge to Merge Still Strong, Despite Rising Costs

11/03/2023

Consolidation in the linen, uniform and facility services industry continues to churn in the post-COVID-19 era, as it did before. What’s changed since the late ’20-teens is the fact that inflation and rising interest costs have complicated these transactions for prospective buyers. For a closer look at the impact of these trends, we recently interviewed Jim Gutheim, president of James Gutheim and Associates Inc., Encino, CA, a leading broker for commercial laundries looking either to buy or sell laundry businesses.

City Uniforms & Linen Acquires Knox Textiles

09/15/2023

City Uniforms & Linen, Findlay, OH, recently completed the acquisition of Knox Textiles, Edgerton, OH. Knox has provided clothing rental services and janitorial products to customers in Ohio, Northeast Indiana and Southern Michigan since 1936.

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