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Friday, 11/16/2018 1:56:47 PM

Friday, November 16, 2018 1:56:47 PM

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EnviroStar, Inc. Completes the Acquisition of Worldwide Laundry, Inc.



EnviroStar, Inc. (NYSE American:EVI) announced today that it completed the acquisition of Miami, Florida based Worldwide Laundry, Inc. using a combination of cash and EVI stock. Worldwide represents a valuable piece to EVI’s growth strategy in Florida. Additionally, with the support of EVI’s primary Florida business unit, Steiner Atlantic, the Company expects to aggressively grow Worldwide’s international market share representing key brands across the Caribbean and Latin America.

Worldwide is a distributor of vended and on-premise laundry products and a provider of installation and maintenance services to customers in southeast Florida and select countries in the Caribbean and Latin America.

https://ih.advfn.com/p.php?pid=nmona&article=78709296&symbol=EVI
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