Cintas to acquire UniFirst for $5.3bn.

Cintas, a provider of a range of products and services to businesses including uniforms, offered to acquire UniFirst, a uniform rental company, for $5.3bn. “We firmly believe in the compelling strategic fit between our two companies, and our offer would deliver immediate and compelling value to UniFirst shareholders. The combination would also amplify the benefits of Cintas and UniFirst’s ongoing technology investments to drive growth and benefit our collective customers and employee-partners,” Todd Schneider, Cintas President and CEO.