SEPTEMBER 2022
Late News EVI Industries to acquire K&B Laundry Service MIAMI — EVI Industries Inc. reports it has executed a definitive agreement to acquire K&B Laundry Service, a North Carolinabased provider of installation and maintenance services to the industrial and on-premises laundry segments of the commercial laundry industry. The transaction is expected to close upon the satisfaction of all customary closing conditions. Terms of the deal were not disclosed. With K&B, EVI says it adds 15 highly trained and specialized commercial laundry technicians and support staff that will enhance EVI’s capabilities to its growing customer base across the southeast region of the United States. The addition of K&B is consistent with EVI’s long-term growth strategy to build the largest valueadded distributor of commercial laundry products with the most dynamic network of specialized technicians to support commercial laundry customers, according to the company. Upon completion of the K&B acquisition, EVI will have acquired 21 commercial laundry businesses.
First from the Floor: Consistency at The Clean Show 2022 Operators, vendors happy to be back, say event provided valuable contacts and business opportunities ATLANTA — There were many questions about participation as the July 30 opening approached for The Clean Show presented by Texcare at the Georgia World Congress Center after being delayed from 2021 due to the pandemic. At an event the night before, Mike Floyd, president of Girbau North America, said, “I think people are tired of being cooped up and want to be at a trade show.” Floyd was right as as organizer Messe Frankfurt North America says the show brought nearly 10,000 industry professionals from North America and beyond ready to do in-person business. The 216,400 sq. ft. exhibit hall brought together 347 exhibiting companies from across the industry, showing the latest See CLEAN22 on Page 6
Partner association representatives cut the ribbon to officially open Clean ’22. (Photo: American Trade Magazines LLC)
Falcon Affiliates makes majority investment in Century Linen Century subsequently acquires Angelica’s New England plant operations serving Greater Boston market ALBANY, N.Y., and BOSTON — Century Linen & Uniform, based here, reports that family-office investor Falcon Affiliates recently completed a majority acquisition investment in the company. Terms of the transaction were not disclosed. Current CEO and third-generation family owner, Dick Smith, will remain a significant minority shareholder of Century. The company reports it has also completed the add-on acquisition of New England plant operations from Angelica, a national healthcare linen services provider.
Century is a provider of outsourced linen management services, uniform programs, specialty products and value-added services to healthcare, hospitality and commercial customers across the Northeast region. “As part of a long-term planning process, the future of this company and our family of employees and customers was of critical importance to me—I was not interested in handing over the keys to a typical ‘private equity’ firm or industry competitor,” Smith says. “Falcon was different from Day 1. It was clear they understood taking care of our See INVEST on Page 4
(Photos: Century Linen & Uniform) Volume 48, Number 9
INSIDE
Does your laundry operation pay more attention to maintenance (especially preventive maintenance) today than it has in the past?
Equipment MaintenanceFinish this sentence: Performing on This issue’s Yourmaintenance our laundry equipment today Views survey shows is _____ than it has been in the past. operators’ maintenance concerns.
28.6% NO
www.americanlaundrynews.com
The Newspaper of Record for Laundry & Linen Management
71.4% YES
[2] 8.6% Easier
60.0% Harder
31.4% No different
Columnist at Large David Griggs shares his direct knowledge about recovering from a destructive flood.
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2022 Distributors Directory The annual list of distributors of products, goods and services to the laundry industry.
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