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Posts Tagged: International

  • Foltex Expands in the Netherlands

    Foltex Expands in the Netherlands

    Foltex announced the forthcoming completion of its factory expansion taking place in Best, Netherlands, which represents a significant milestone for the company. “The expansion of the factory not only boosts our production capacity but, most significantly, allows us to store assembled sections and build more efficiently,” says Foltex Founding Partner Jan-Willem van Doornewaard. “This investment in

  • K-Bro Announces Paranet Acquisition

    K-Bro Announces Paranet Acquisition

    EDMONTON, Alberta, Canada –K-Bro Linen Inc., announced that it has completed its acquisition of Buanderie Para-Net (“Paranet”), in a recent news release. The transaction was valued at an enterprise value of $11.5 million and a potential earnout of $1.9 million. K-Bro is an owner / operator of laundry and linen processing facilities in Canada providing a comprehensive range