Keyword → UniFirst

Cintas Clinches $5.5 Billion UniFirst Acquisition, Creating Dominant North American Uniform Services Giant

Cintas Corporation announced Wednesday it has entered into a definitive agreement to acquire rival uniform maker UniFirst for $310 per share in a cash-and-stock transaction valued at approximately $5.5 billion, ending years of failed pursuit of the Croatti family-controlled company. The combined entity will serve roughly 1.5 million North American business customers and is expected to generate $375 million in annual operating synergies within four years.