EVI Industries to Acquire Commercial Laundry Equipment Company
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 purchase agreement to acquire substantially all the assets and certain liabilities of Richmond, VA based Commercial Laundry Equipment Company, Inc.(“CLE”), a distributor of on-premise and vended laundry products and a provider of related installation and maintenance services to the new and replacement markets of the commercial laundry industry.This acquisition expands EVI’s sales and service presence in the Mid-Atlantic U.S., which coincides with EVI’s strategy to build distribution and service density in geographic markets through which it may provide additional products and services and improve customer service. CLE has a large customer base that is loyal to the knowledge, experience, and capabilities of CLE’s sales and service organization. Consistent with EVI’s operating model, CLE will continue to operate under its existing name, with its existing people, and under
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EVI
News
- EVI Industries' Q1 Earnings Up Y/Y on Tech Upgrades, Shares Down 10% [Yahoo! Finance]Yahoo! Finance
- EVI Industries Inc (EVI) Q1 2025 Earnings Call Highlights: Record Revenues and Strategic ... [Yahoo! Finance]Yahoo! Finance
- EVI Industries Reports Record First Quarter ResultsBusiness Wire
- EVI Industries Completes Acquisition of O'Dell Equipment and Supply [Yahoo! Finance]Yahoo! Finance
- EVI Industries Completes Acquisition of O’Dell Equipment and SupplyBusiness Wire
EVI
Sec Filings
- 11/12/24 - Form 8-K
- 11/12/24 - Form 10-Q
- 11/5/24 - Form 4
- EVI's page on the SEC website