Deal Snapshot
EVI INDUSTRIES TO ACQUIRE ASSETS OF PROFESSIONAL LAUNDRY SYSTEMS
Wednesday 15 May 2019

Miami, US-based laundry services provider EVI Industries, Inc. (NYSE American: EVI) has executed a purchase agreement to acquire substantially all the assets and certain liabilities of New York, US-based Commercial Laundry Products, Inc., Professional Laundry Systems of PA, Inc. (PLS), and Professional Laundry Systems West, Inc., the company said.
The acquisition will be attained using a combination of cash and EVI common stock.


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Details
Date Published: 15/05/2019
Target: Commercial Laundry Products, Inc., Professional Laundry Systems of PA, Inc. (PLS), and Professional Laundry Systems West, Inc
Country: USA
Sector: Business and Consumer Services
Type: Corporate acquisition
Financing: Cash and Stock
Status: Agreed
Vendor:
Buyer: EVI Industries, Inc
Comment:
Terms of the deal were not disclosed

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