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Stock impact report

EVI Industries Completes Acquisition of O’Dell Equipment and Supply

EVI Industries, Inc. (EVI) 
NASDAQ:AMEX Investor Relations: envirostarinc.com
Company Research Source: Business Wire
MIAMI--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: “EVI” or the “Company”) announced today that it completed the acquisition of Jeffersonville, Indiana based O’Dell Equipment and Supply, LLC (“O’Dell”), a distributor of commercial laundry products and a provider of related technical installation and maintenance services to the on-premise and vended laundry segments of the commercial laundry industry. O’Dell is EVI’s twenty-eighth (28th) acquisition in the commercial laundry distribution and service industry and twelfth (12th) in the Southeast region of the United States.Henry M. Nahmad, EVI’s CEO commented: “The addition of O’Dell is consistent with our strategy to offer the broadest portfolio of commercial laundry products such that our sales organization will be able to provide comprehensive solutions for any commercial laundry customer in North America and to support our customers with the largest and most knowledgeable service organization in the industry. We welcome Show less Read more
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