by Bob Nieman | Oct 21, 2020 | Industry News
EVI Industries Inc., headquartered in Miami, has executed a definitive merger agreement to acquire commercial laundry distributor Yankee Equipment Systems Inc., based in Barrington, N.H., for $13.5 million, to be paid in a combination of cash and EVI common stock. The...
by Bob Nieman | Oct 13, 2020 | Highlights, Industry News
U.S. Senators Mike Enzi (R-Wyo.) and Maggie Hassan (D-N.H.) have introduced bipartisan legislation to allow the U.S. Mint to adjust the metal content of circulating coins in an effort to save taxpayer dollars. The Mint estimates that, by adjusting the metal content of...
by Bob Nieman | Oct 13, 2020 | Industry News
Payment systems provider ESD recently teamed up with Cents, a business management software company. Through this partnership, laundromats that currently feature ESD’s card reader equipment now have access to the Cents operating platform – with a no-cost delivery...
by Bob Nieman | Oct 9, 2020 | Industry News
Star Distributing – headquartered in Nashville, Tenn. – has named John Herron vice president of sales. In his new position, Herron will be responsible for the company’s sales efforts within the vended laundry and OPL segments. He will serve operators in Tennessee,...
by Bob Nieman | Oct 7, 2020 | Industry News
Girbau – headquartered in Vic, Spain – has appointed Ramiro Gordillo as general manager of the company’s subsidiary in Mexico. With this appointment, Girbau has strengthened its management team in Mexico to help drive its growth in the country and continue its...