Aramark Buys - Ameripride

: At the time of the deal, AmeriPride operated more than 115 production facilities and service centers and employed approximately 5,800 people. for immediate release - Investor Relations | Aramark

Aramark completed its acquisition of AmeriPride Services Inc. on , for approximately $1.0 billion . The deal, originally announced in October 2017, combined two major uniform and linen service providers to serve nearly 500,000 customers across the U.S. and Canada. Key Deal Details aramark buys ameripride

: The gross purchase price was $1.0 billion, which Aramark estimated as a net cost of $850 million after accounting for anticipated tax benefits. : At the time of the deal, AmeriPride

: Aramark projected approximately $70 million in annual cost savings (synergies) to be fully realized by the fourth fiscal year after closing. The deal, originally announced in October 2017, combined

: AmeriPride brought in roughly $600 million in annual revenue at the time of the merger.