EVI Industries to Acquire Laundry Systems of Tennessee and Affiliates
EVI Industries, Inc. (EVI)
NASDAQ:AMEX Investor Relations:
envirostarinc.com
Company Research
Source: Business Wire
MIAMI--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: EVI) announced today that it executed a definitive merger agreement to acquire all of the outstanding shares of Sevierville, Tennessee based Laundry Systems of Tennessee and affiliates (the “Company”), a distributor of commercial, industrial, and vended laundry products and a provider of related installation and maintenance services to the new and replacement markets of the commercial laundry industry. The Company also leases commercial laundry equipment and sells chemicals and other laundry consumables to its customers. For over twenty-years, Laundry Systems of Tennessee has sustained a reputation and tradition of providing exceptional service while representing quality products to a diverse customer base. Terms of the acquisition were not disclosed. Consideration of the purchase included a combination of cash and EVI common stock.This acquisition expands EVI’s sales and service presence in the Southeast U.S., which coi
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EVI
Sec Filings
- 2/28/24 - Form 4
- 2/9/24 - Form 8-K
- 2/9/24 - Form 10-Q
- EVI's page on the SEC website