Gurtler Industries announced an agreement with OMNI Solutions to acquire full rights to OMNI’s SULAOS, Smart Ultraviolet Light Advanced Oxidation System. Under the agreement, Gurtler will own the SULAOS technology exclusively for the tunnel system markets worldwide. Gurtler also will partner with OMNI’s current users of their technology in existing tunnel systems.
K-Bro Linen Inc., Edmonton, Alberta, Canada, recently announced that it completed its acquisition of Buanderie Para-Net (Paranet), according to a news release.
UniFirst Corp., Wilmington, MA, today announced that it has signed an agreement to purchase Clean Uniform, St. Louis, for $300 million, or a net purchase price of approximately $260 million after adjusting for the estimated value of anticipated incremental tax benefits that it expects to realize over time, according to a news release.
ImageFIRST, King of Prussia, PA, recently announced that it completed its acquisition of Island Fox Inc. This acquisition marks ImageFIRST’s second laundry processing plant in the state of New York. Terms of the transaction were not disclosed.
Healthcare Linen Services Group (HLSG), St. Charles, IL, recently announced that it has acquired Linen King, Tulsa, OK, according to a news release. As part of the transaction, Seaport Capital, a New York-based private-equity firm that acquired Linen King in 2019, will receive shares in HLSG. Terms of the transaction were not disclosed
The pandemic that took hold in March 2020 is now rapidly waning, but its lingering impacts continue to affect the linen, uniform and facility services industry, including company mergers and acquisitions (M&As), according to a forthcoming article by a leading M&A consult writing in Textile Services magazine.
CITY Laundering Co., Oelwein, IA, recently announced that it has acquired Lake Superior Laundry, Superior, WI. This acquisition expands CITY’s offerings, creating a new full-service healthcare division, according to a news release.
M+A Matting LLC, LaGrange, GA, has entered into an agreement to acquire the North American and European protective-matting businesses from Milliken & Co., according to a news release.
TRSA operator member PureStar Group, Las Vegas, recently announced that it has acquired certain assets of Apex Linen, a leading provider of high-volume, commercial laundry and dry-cleaning services to the hospitality and restaurant industries in the greater Las Vegas area, according to a news release.
CITY Laundering Co., Oelwein, IA, recently announced the acquisition of Spruce Linen Supply, Bloomington, MN.
