Cintas to Acquire UniFirst in .5 Billion Transaction That Expands Service Capabilities, Enhances Workday Solutions and Advances Industry Innovation

Cintas to Acquire UniFirst in $5.5 Billion Transaction That Expands Service Capabilities, Enhances Workday Solutions and Advances Industry Innovation

CINCINNATI & WILMINGTON, Mass.–(BUSINESS WIRE)–Cintas Corporation (Nasdaq: CTAS) (“Cintas” or the “Company”) and UniFirst Corporation (NYSE: UNF) (“UniFirst”) right now introduced that they’ve entered right into a definitive settlement beneath which Cintas will purchase UniFirst for $310.00 per share in money and inventory, representing an enterprise worth of roughly $5.5 billion.1 The transaction brings collectively…

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