Cintas Corporation announced in a news release that Mike Hansen will retire from his role as Executive Vice President & Chief Financial Officer (CFO) and transition to a new role as Assistant to the CEO, effective May 31, 2025. In this capacity, Hansen will support the transition to his successor and contribute to certain strategic …
Cintas Corporation announced that it has terminated discussions with UniFirst Corporation regarding Cintas’ proposal to acquire all of the outstanding common and class B shares of UniFirst for $275.00 per share in cash, a premium of 46% over UniFirst’s ninety-day average closing price as of January 6, 2025, the last trading day before the …
Cintas Corporation announced that it submitted a proposal to the Board of Directors of UniFirst Corporation to acquire all outstanding common and class B shares of UniFirst for $275.00 per share in cash. The Proposal implies a total value for UniFirst of approximately $5.3 billion and offers UniFirst shareholders a 46% premium to UniFirst’s ninety-day …
Cintas’ identity is shaped by the diverse life experiences and unique perspectives of its employee-partners, according to a news release. Part of that identity is creating a work environment that is inclusive and accessible for individuals with disabilities. One inspiring example is Ryan T., an Operational Manager at the Cintas First Aid & Safety location …
The Occupational Safety and Health Administration (OSHA) formally honored Cintas Corporation’s Rental Division in Hattiesburg, Mississippi as a VPP Star-certified location, according to a news release. OSHA created the VPP Star program to recognize stand-out worksites with comprehensive, successful safety and health management systems. Companies that have earned a VPP Star designation have achieved injury …
For the seventh consecutive year, Cintas Corporation has been named to the Fortune 500, according to a news release. Cintas’ position on this year’s list rose to 437 from a previous ranking of 473 in 2023. To qualify for the Fortune 500 list, the magazine considers U.S.-based companies that submit financial statements to a government …
Cintas Corporation has been named to Forbes’ list of America’s Best Large Employers of 2024 for the second straight year, according to a news release. The annual ranking highlights companies with outstanding survey feedback from current and past employees as well as industry peers and consumers. Cintas is joined on the list alongside companies such …
Cintas Corporation continues to grow with the latest acquisition of a Pennsylvania-based uniform and facility services company, family-owned Paris Uniform Services, according to a news release. “I am pleased to partner with a company that has the resources and culture to carry on the legacy we have created at Paris Uniform Services,” said David Stern, …
Cintas has acquired SITEX, a supplier of uniform and facility service programs based in Kentucky. Financial details of the transaction were not announced. Sitex, established by the Sights family in 1961, has five locations, with operations in Illinois, Indiana, Kentucky, and Tennessee. “The Sights family has grown SITEX into a strong regional provider of quality …
Cintas Corporation has been named one of FORTUNE’s 2024 World’s Most Admired Companies, ranking second amongst all companies in the Diversified Outsourcing Services category, according to a recent news release. This is the 16th time that Cintas has been recognized by FORTUNE for this honor. “We are proud to be recognized by our peers and …