EVI Industries To Acquire Laundry Pro Of Florida, Transaction To Be Paid In Cash; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
EVI Industries, Inc. (NYSE American: EVI) has announced the acquisition of Laundry Pro of Florida, Inc., a distributor of commercial laundry products. The acquisition is expected to increase EVI's market share in Florida and enhance its growth and profitability.
June 17, 2024 | 2:31 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
EVI Industries has announced the acquisition of Laundry Pro of Florida, which is expected to increase EVI's market share in Florida and enhance its growth and profitability.
The acquisition of Laundry Pro of Florida is likely to positively impact EVI Industries by increasing its market share in Florida and enhancing its growth and profitability. The strategic addition of an experienced team and valuable product lines will likely yield immediate benefits.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100