Bullboard - Stock Discussion Forum K-Bro Linen Inc T.KBL

Alternate Symbol(s): KBRLF

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K-Bro Linen Inc. is a Canada-based owner and operator of laundry and linen processing facilities. The Company provides laundry and textile rental services in Scotland and the Northeast of England. The Company and its wholly owned subsidiaries operate across Canada and the United Kingdom, providing a range of linen services to healthcare institutions, hotels and other commercial accounts that... see more

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K-Bro Linen Inc > K-Bro acquires North West of England-based laundry business

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Post by Betteryear2 on Apr 30, 2024 10:54am

K-Bro acquires North West of England-based laundry business

Acquisition of Shortridge expands K-Bro's geographic footprint in the UK

EDMONTON, AB, April 30, 2024 /CNW/ - K-Bro Linen Inc. ("K-Bro" or the "Corporation") (TSX: KBL) announces the acquisition of Shortridge Ltd. ("Shortridge"), a high-quality hospitality laundry provider based in the North West of England, expanding K-Bro's geographic footprint in the £1.4 billion UK commercial laundry and textile rental market. K-Bro also owns Fishers Laundry Group ("Fishers"), the commercial laundry and textile rental provider covering Scotland and the North East of England, which it acquired in 2017.

K-Bro acquires North West of England-based laundry business (newswire.ca)