EVI Industries Inc., headquartered in Miami, has executed a definitive purchase agreement to acquire Eastern Laundry Systems, a laundry equipment distributor based in Taunton, Mass.
This acquisition is consistent with EVI’s strategy “to build the largest and most dynamic sales and service team in each geographic market” to help promote the company’s growing portfolio of products and to expand its service operations, according to the company.
“We are pleased to welcome Eastern Laundry Systems to the EVI Family,” said EVI Chairman and CEO Henry M. Nahmad. “We remain very active in our pursuit of additional acquisitions and strategic investments in other great businesses in our industry, and in those industries that meet our financial and strategic criteria.”
Since October 2016, EVI has acquired 15 commercial laundry businesses.