EVI Industries to acquire Commercial Laundry Equipment Company.

EVI Industries, a distributor of commercial laundry and dry cleaning equipment, agreed to acquire Commercial Laundry Equipment Company, a distributor of on-premise and vended laundry products and a provider of related installation and maintenance services. Financial terms were not disclosed. "CLE is a unique acquisition in that it serves customers in a geography where EVI already has three businesses operating with wide-ranging capabilities and with distinct product representations. CLE’s customers will benefit from our approach to maintaining business continuity and from the enhanced sales and service capabilities we have in the region. We are thrilled to have CLE join the EVI family," Henry M. Nahmad, EVI Chairman and CEO.