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Evi Industries To Acquire Clean Designs, Inc., And Clean Route Llc

Evi Industries To Acquire Clean Designs, Inc., And Clean Route Llc

04/26/22, 2:42 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgmiami
Industry
manufacturing
hardware
software
commerce and shopping
EVI Industries, Inc. (NYSE American: EVI) announced today that it executed a definitive agreement to acquire Lakewood, CO based Clean Designs, Inc. and Clean Route LLC (together “Clean Designs”), a distributor of commercial laundry products and a provider of related technical installation and maintenance services to on-premise, vended, and multifamily laundry customers. The addition of Clean Designs further strengthens EVI’s leading market share position in the West region of the United States. Upon the completion of the Clean Designs acquisition, EVI will have acquired eighteen (18) commercial laundry businesses and continues to be the fastest growing and only publicly listed company devoted to the North American commercial laundry distribution and service industry.

Company Info

Company
EVI Industries
Location
Miami, Florida, United States
Company info
EVI Industries, Inc., through its wholly owned subsidiaries, is a value-added distributor and a provider of advisory and technical services. Through its vast sales organization, the Company provides its customers with planning, designing, and consulting services related to their commercial laundry operations. The Company sells and/or leases its customers commercial laundry equipment, specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. In support of the suite of products it offers, the Company sells related parts and accessories. Additionally, through the Company’s robust network of commercial laundry technicians, the Company provides its customers with installation, maintenance, and repair services. The Company’s customers include retail, commercial, industrial, institutional, and government customers. Purchases made by customers range from parts and accessories to single or multiple units of equipment, to large complex systems as well as the purchase of the Company’s installation, maintenance, and repair services.

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