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EVI Industries Completes Acquisition of Eastern Laundry Systems


EVI Industries Completes Acquisition of Eastern Laundry Systems
EVI Industries Completes Acquisition of Eastern Laundry Systems
EVI Industries, Inc. (NYSE American: EVI) announced today that it completed its acquisition of Taunton, Massachusetts based Eastern Laundry Systems on January 15, 2021.
Eastern Laundry Systems is a distributor of vended and on-premise laundry products and a provider of related installation and maintenance services. This acquisition is consistent with EVIs long-term growth strategy, which includes buying quality businesses and building them through the addition of highly qualified sales professionals that together with a broader portfolio of products and enhanced installation and service capabilities, can grow market share and long-term profitability. ....

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