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EnviroStar, Inc. Completes the Acquisition of Skyline Equipment, Inc.

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Goat_1   Thursday, 11/15/18 12:49:18 PM
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EnviroStar, Inc. Completes the Acquisition of Skyline Equipment, Inc.

EnviroStar, Inc. (NYSE American:EVI) announced today that it completed the acquisition of Houston, Texas, based Skyline Equipment, Inc. using a combination of cash and EVI stock. The addition of Skyline to EVI’s other Houston, Texas, based business, Scott Equipment, Inc., strengthens EVI’s base and increases its market share in the on-premise laundry and vended laundry market in the central and southern regions of Texas.

Skyline is a distributor of on-premise and vended laundry products and a provider of installation and maintenance services to healthcare, hospitality, correctional, institutional, and vended laundry customers.

https://ih.advfn.com/p.php?pid=nmona&article=78698768&symbol=EVI

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