Evi Industries Completes Acquisition Of Laundry South Systems And Repair – Expands Into Mississippi
Acquiring Company
EVI Industries
Acquired Company
Laundry South Systems
Description
EVI Industries, Inc. (NYSE American: “EVI” or the “Company”) announced today it simultaneously executed a definitive agreement and completed the acquisition of Pearl, Mississippi based Laundry South, EVI’s nineteenth (19th) distributor of commercial laundry products and provider of related technical installation and maintenance services. The addition of Laundry South expands the Company’s sales and service operations into the state of Mississippi and increases its presence and market share in eastern Louisiana. Laundry South will join EVI’s Southcentral Group of commercial laundry businesses and consistent with EVI’s operating philosophy, Laundry South will operate under its current name, from its present location, and with all its employees.