EVI Industries Completes Acquisition of Express Parts and Services
Summary
MIAMI, Florida--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: “EVI” or the “Company”) announced today that it simultaneously executed a definitive asset purchase agreement and completed the acquisition of Express Parts and Services (“EXP”), a distributor of commercial laundry products and a provider of related technical installation and maintenance services based in Sykesville, Maryland. Mr. Nahmad commented: “The thoughtful execution of our buy-and-build growth strategy has earned us a positive reputation in and around the commercial laundry industry, including among owners of quality businesses. Through its vast sales organization, the Company provides its customers with planning, designing, and consulting services related to their commercial laundry operations. Except for the historical matters contained herein, statements in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. EVI Industries does not undertake to, and specifically disclaims any obligation to, update or supplement any forward-looking statement, whether as a result of changes in circumstances, new information, subsequent events or otherwise, except as may be required by law.