EVI Industries, Inc. (EVI), a company dedicated to the commercial laundry industry across North America, announced an executed agreement to acquire Girbau North America, Inc. (GNA), a manufacturer of commercial and industrial laundry products, for $43M cash in accretive deal, according to a news release.
GNA is EVI’s 30th and largest acquisition in the commercial laundry distribution and service industry. By joining EVI Industries, GNA gains access to a growing network of laundry distributors and service providers, positioning the company for accelerated growth and expanded market reach while maintaining its role as a key partner of Girbau.
EVI Industries has rapidly expanded its presence in the laundry industry through strategic acquisitions, integrating leading distributors and service providers to create a robust, customer-focused network. The addition of GNA further strengthens EVI’s ability to offer comprehensive laundry solutions across multiple market segments.
“We are thrilled to welcome Girbau North America to the EVI family,” said President and CEO Henry Nahmad. “Girbau North Amercia’s strong brand reputation, comprehensive product offerings, dedicated team and customer-centric approach make them an ideal addition to our growing platform. Together, we will continue to set new standards in commercial and industrial laundry solutions while preserving GNA’s strong relationship with Girbau as a key manufacturing partner.”
According to a release, GNA will conduct business as usual moving forward without changes to leadership, staff, services, support or culture.
