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EVI Closes on Clean Designs Acquisition

20 laundry businesses and counting for Florida distributor

MIAMI — Commercial laundry and drycleaning distributor EVI Industries Inc. (NYSE American: EVI) reports it has completed the previously announced acquisition of Lakewood, Colorado-based Clean Designs and Clean Route (collectively “Clean Designs”), a distributor of commercial laundry products and providers of related technical installation and maintenance services to vended, on-premise and multi-family laundry customers.

“Clean Designs represents another excellent addition to the EVI family,” says Henry M. Nahmad, EVI’s chairman and CEO. “Clean Designs has a significant customer base that is loyal to the knowledge, experience and capabilities of the Clean Designs team. We welcome Tim and Bridget Stoklosa and all 19 members of the Clean Designs team, and are excited to work together in the pursuit of our long-term growth goals in the years ahead.”

Since the fall of 2016, EVI has acquired a total of 20 commercial laundry businesses. The company says it is “in the early stages of a long-term growth strategy to build an enterprise through which it may deliver comprehensive laundry solutions to all segments of the commercial laundry industry.”

RELATED ARTICLE: Distributor EVI to Acquire Clean Designs, Clean Route, April 27