Global Spin Cycle
Johnson Unveils UK Acquisitions
Johnson Service Group, Preston Brook, England, recently announced the acquisitions of Portgrade Ltd., and its subsidiary Afonwen Laundry, as well as Chester Textile Services, according to news reports. The cash deal for both Afonwen and Portgrade, which has a staff of more than 750 people, was set at £52.6 million ($77.1 million). Afonwen is a leading supplier of hotel linens in the United Kingdom (UK) with plants in Cardiff and Pwllheli, Wales; as well as Reading, England, near London; and a depot in Leeds, England. In the deal for Chester Textile Services, Johnson ...
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