EVI Industries, Inc. completed the acquisition of Substantially All of the Assets of Wholesale Commercial Laundry Equipment Company SE, LLC for $1.06 million.
November 31, 2022
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EVI Industries, Inc. (NYSEAM:EVI) executed a definitive agreement to acquire Substantially All of the Assets of Wholesale Commercial Laundry Equipment Company SE, LLC on October 17, 2022. Wholesale Commercial Laundry Equipment S.E. LLC will operate as a subsidiary of EVI Industries, Inc. under its current name and from its present location. Subject to the satisfaction of customary closing conditions the transaction is expected to close in the second fiscal quarter.
EVI Industries, Inc. (NYSEAM:EVI) completed the acquisition of Substantially All of the Assets of Wholesale Commercial Laundry Equipment Company SE, LLC for $1.06 million on November 1, 2022. The addition of Wholesale Commercial Laundry, S.E. (Wholesale) enhances EVI Industries, Inc. distribution, service, and installation capabilities to its growing customer base across the southeast region of the United States.
EVI Industries, Inc., through its wholly owned subsidiaries, is a value-added distributor, and provides advisory and technical services. The Company provides its customers with planning, designing, and consulting services related to their commercial laundry operations. The Company sells and/or leases its customers commercial laundry equipment, specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. The commercial and industrial laundry equipment distributed by the Company includes washroom, finishing, material handling, and mechanical equipment such as washers and dryers, tunnel systems and vended machines. The finishing equipment distributed by the Company includes sheet feeders, flatwork ironers, automatic sheet folders, and stackers. It also provides its customers with installation, maintenance, and repair services. Its customers include government, institutional, industrial, commercial, and retail customers.
EVI Industries, Inc. completed the acquisition of Substantially All of the Assets of Wholesale Commercial Laundry Equipment Company SE, LLC for $1.06 million.
EVI INDUSTRIES, INC. 
