Announced
Financials
Tags
Acquisition
Pending
Rental Services: Consumer
Private
United States
laundry services
Friendly
Single Bidder
Synopsis
Laundrylux, the largest independent integrated distributor of professional laundry equipment acquires Direct Machinery. Financial terms were not disclosed. "With the acquisition of Direct Machinery, Laundrylux boldly expands the scope of its consolidation of professional laundry distribution to encompass world-renowned manufacturers. We now serve all customers, from industrial & commercial laundries to large and middle market OPL, vended laundry, and route laundry. Laundrylux's financial strength, strategic manufacturer relationships, broad product portfolio, digital marketing, technology platforms, financing, and equity participation for distribution partners, is unique in the industry." Neal Milch, Laundrylux Executive Chairman.
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