RIPON, Wis. — Commercial laundry equipment maker Alliance Laundry Systems and equipment distributor REM Company Inc. have entered into an exclusive agreement, subject to due diligence, for Alliance to acquire REM’s distribution assets. The companies are targeting a Feb. 1 closing.
REM’s history in the industry dates back more than four decades to its founding in Bob and Carol Moore’s Lexington, Kentucky, apartment. Since then, the couple and their son, current President Mark Moore, built the business into a laundry leader covering Kentucky and Tennessee and serving customers in a variety of markets, Alliance Laundry Systems says.
“From the very beginnings of the company, the Moore family made customer service the No. 1 priority,” says Craig Dakauskas, senior vice president, Americas Commercial, Alliance Laundry Systems. “That commitment remains just as strong today and is a driving factor in our desire to bring them into our direct distribution family.”
Upon closing, REM will become part of the Alliance Laundry Systems Distribution South Region, while maintaining its Versailles, Kentucky, office.
“As a UniMac distributor for years, I know, without a doubt, that Alliance’s values mirror our own,” Mark Moore says. “I’m optimistic that we will arrive at an agreement and that our customers will continue to be well taken care of.”
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