Cintas (CTAS) Boosts Product Portfolio With Paris Uniform Buyout
Cintas(CTAS) Zacks Investment Research·2024-03-14 17:36
Cintas Corporation (CTAS) recently acquired Paris Uniform Services, a family-owned supplier of uniform and facility service solutions. The financial terms of the acquisition were kept under wraps.Based in PA, Paris Uniform Services was established in 1978. The company is engaged in providing uniforms, work apparel, facility services and restroom products among others. Paris Uniform also operates in NY, MD and WV.Acquisition RationaleThe latest buyout is in sync with Cintas’ policy of acquiring businesses to ...