Aramark Acquires Two SuppliersOctober 16, 2017
Aramark has acquired Avendra LLC and AmeriPride Services, Inc. in two separate transactions valued at more than US$2 billion.
Aramark purchased Avendra, a Rockville, MD-based supplier hotel and hospitality supplies for $1.35 billion. AmeriPride, a Minnetonka, MN-based uniform-rental and linen-supply business, was acquired by Aramark for $1 billion. Both transactions are forecasted to be finalized by the end of the year, pending customary closing conditions, The Philadelphia Inquirer reports.
Aramark provides food services, facilities management, and uniform and career apparel to health care institutions, universities and school districts, stadiums and arenas, and businesses around the world. For more information, visit www.aramark.com.