Milliken Expands with Plant Acquisition

08/26/2022

Milliken & Co., Spartanburg, SC, recently acquired one of the Frontier yarn plants in Mayodan, NC, from Gildan. This plant acquisition expands Milliken’s open-end yarn production for its protective fabrics, workwear, government and defense, industrial and napery textile business units, according to a news release.

CIM Provides Capital Infusion to Lapauw International

07/30/2022

Philippe and Sylvie D’heygere, the leadership team at Lapauw, found in CIM Capital a strong and experienced financial partner to further grow the Lapauw Group, with a focus on ecological, energy- and labor-efficient installations, according to a news release.

Century Linen Acquired by Falcon Affiliates

07/28/2022

Century Linen & Uniform recently announced the majority acquisition investment by family-office-based investor Falcon Affiliates. The current Century Linen CEO and third-generation family owner, Dick Smith, will remain a significant minority shareholder of the company, according to a news release. Terms of the transaction were not disclosed.

Reino Linen Expands with Acquisition of Textile Systems

07/22/2022

Reino Linen Service, Gibsonburg, Ohio, recently announced that it acquired Textile Systems Inc., Kalamazoo, Mich. This acquisition marks the second expansion into Michigan for the company, widening its service-area footprint to include southwest Michigan and the surrounding region, according to a news release.

ImageFIRST Acquires Edina Laundry Co.

07/08/2022

ImageFIRST, King of Prussia, PA, recently announced that it has acquired Minnesota-based Edina Laundry Co. This acquisition marks ImageFIRST’s second location in Minnesota. Terms of the transaction were not disclosed, according to a news release.

Vitec Acquires ABS Laundry Business Solutions

07/08/2022

Vitec Software Group AB recently acquired ABS Laundry Business Solutions (ABS), headquartered in Boxtel, the Netherlands. ABS reported sales of SEK (Swedish krona) 203 million ($19.3 million) for the 2021 financial year, according to a news release.

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