Home / Knowledge / News / Textiles / Swisher Hygiene acquires Linen Services Plus
Swisher Hygiene acquires Linen Services Plus
04
Apr '11
Swisher Hygiene Inc, a leading provider of essential hygiene and sanitation products and services, announced that it has acquired Linen Services Plus, a Tennessee-based linen facility.

Linen Services Plus serves the Knoxville market and provides facilities services such as the processing and delivery of mats, bar towels and linen items to the foodservice and hospitality industries. Concurrent with the acquisition, Scott Mitchell, the owner of Linen Services Plus, will be joining Swisher Hygiene.

In addition to the acquisition, Swisher Hygiene is purchasing certain assets from the service divisions of two of its manufacturing partners. These divisions service distributors and end-customers in New York, Texas, Missouri and Kansas. In connection with each of these purchases, Swisher Hygiene will be hiring the respective service employees.

"We continue to gear up our presence in the linen, warewash and laundry markets and the purchases are another step in rounding out our full service coverage," said Steven R. Berrard, Chief Executive Officer of Swisher Hygiene. "We are very pleased to further enhance our capabilities through the addition of these key employee and distributor relationships."

Total consideration paid by Swisher Hygiene in connection with the acquisition and purchases includes $447,676 in cash, the assumption of certain liabilities and the issuance of up to 53,130 shares of common stock of Swisher Hygiene, subject to certain restrictions and conditions, including acceptance by the Toronto Stock Exchange.

Swisher Hygiene Inc is a NASDAQ and TSX listed company that provides essential hygiene and sanitation solutions to customers throughout much of North America and internationally through its global network of 81 company-owned operations, 6 franchises and 10 master licensees operating in countries across Europe and Asia.

Swisher Hygiene Inc


Must ReadView All

Courtesy: Ministry of Trade and Industry, Singapore

Textiles | On 22nd Feb 2018

Final version of CPTPP pact released; to be signed in March

The final version of the Comprehensive and Progressive Agreement for...

Amazon India crosses 3 lakh seller base in less than 5 yrs

Apparel/Garments | On 22nd Feb 2018

Amazon India crosses 3 lakh seller base in less than 5 yrs

Amazon recently claimed to have crossed the three-lakh seller base in ...

Indian e-retail market may see 250% growth in 3 yrs: Crisil

Apparel/Garments | On 22nd Feb 2018

Indian e-retail market may see 250% growth in 3 yrs: Crisil

India’s e-retail market may rise by 250 per cent in the next three...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

February 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search