RIPON, Wis. — Commercial laundry equipment manufacturer Alliance Laundry Systems closed Thursday on its purchase of the distribution assets of Washburn Machinery Inc., based in Elk Grove Village, Ill. Terms were not disclosed.
Washburn Machinery, which opened in 1948, provides on-premises laundry solutions to a variety of businesses in Northern and Central Illinois, Northern Indiana and East-central and Southern Wisconsin markets.
Alliance says the acquisition is its latest move to bring “extraordinary service and factory support to expanding markets where there is an opportunity to partner with exceptional people.”
“With the completion of this transaction, our third acquisition of 2021, combining with Washburn further illustrates our strong commitment to explore every opportunity to better serve our customers,” says Rick Pyle, Alliance’s president and chief commercial officer.
Jeff Fox, president of Washburn Machinery, is joining Alliance in a leadership role and will continue to oversee the Washburn business and drive growth initiatives as part of Alliance.
“Joining forces with the largest manufacturer of commercial and industrial laundry equipment in the world will provide us access to an unbelievable support system to fuel our growth,” Fox says. “We are excited about the future and are always looking to add professionals in all areas of our expanding company.”