EVI Industries Inc. has announced that it executed a definitive agreement to acquire Aldrich Clean-Tech Equipment Corp., a commercial laundry distributor headquartered in Worcester, Mass. The acquisition will expand EVI’s sales and service presence within the northeast region of the United States.
The addition of Aldrich is consistent with EVI’s long-term growth strategy “to build North America’s largest value-added distributor of commercial laundry products and the most dynamic network of specialized commercial laundry technicians through which it may best support commercial laundry customers,” according to EVI.
Upon completion of the Aldrich acquisition, EVI will have acquired 22 commercial laundry businesses.
“The addition of Aldrich reaffirms our commitment to build distribution and service density in geographic markets through which we may provide additional products and services and improve customer service,” said Henry M. Nahmad, EVI chair and chief executive officer. “The Aldrich team, led by Bob and Kim Aldrich, strengthens our customer value proposition. We are pleased to welcome them to the EVI family and look forward to working together in the pursuit of our long-term goals.”
