Cintas Corp., Mason, OH, submitted another proposal to the Board of Directors of UniFirst Corp., Wilmington, MA, to acquire all outstanding common and class B shares of UniFirst for $275 per share in cash, according to a news release.
The proposal, which was delivered to the UniFirst Board on Dec. 12, 2025, implies a total value for UniFirst of approximately $5.2 billion and offers UniFirst shareholders a 64% premium to UniFirst’s 90-day average closing price as of Dec. 11, 2025.
“We remain unwavering in our conviction that combining Cintas and UniFirst would deliver considerable benefits for customers, employee-partners and shareholders,” said Todd Schneider, president and CEO of Cintas. “Accordingly, we have reiterated our compelling $275 per share all-cash offer to the UniFirst board and are reaffirming our commitment to move swiftly to complete a transaction.”
The combined company would provide products and service to well over one-million business customers across the U.S. and Canada. Cintas has a track record of organic growth, and the combination with UniFirst would provide additional processing capacity and greater route density which would further enhance customer service, the release noted.
Click here to read the full release from Cintas. Click here to view the response from UniFirst. Cintas made its initial offer to UniFirst on Nov. 8, 2024. Click here for details.
Sign Up For Our Newsletter
Receive the latest updates on the linen, uniform and facility services industry from TRSA delivered straight to your inbox.
