“Our partnership with Texas Coin and Commercial Laundry solidifies our position in the key Texas market,” said Laundrylux CEO John Sabino. “Mike and Kellie have built a powerful business and a respected brand that we can expand upon purposefully.”
Laundrylux will acquire the company’s distribution business assets. However, the company’s route segment is not included in the purchase agreement.
“I am proud to partner with Laundrylux,” Mike Blumberg explained. “They recognize the importance of local relationships and customer support, and are committed to investing and growing – while, at the same time, providing us the freedom to manage our business. I have seen the dedication, resources and support this company has provided to acquisitions, and we want to be a part of the winning team. Laundrylux and the Milch family are committed to sustainable success, and so are we. Together, we look forward to providing our current and future customers with a greater level of service.”
Laundrylux is the largest integrated importer and distributor of professional laundry equipment in the world – serving the U.S., Canada and Mexico – and is committed to partnering with today’s leading commercial laundry equipment distributors.
Electrolux Professional supports the collective efforts of Laundrylux and its distribution partners.
“We are delighted to welcome Texas Coin and Commercial Laundry to the Laundrylux team, representing Electrolux Professional in the largest market in the world,” Electrolux Professional stated.