Acquiring Company
EVI Industries
Acquired Company
Clean Designs
Description
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.