EVI Industries to acquire Haiges Machinery, terms not disclosed

EVI Industries (EVI) announced that it executed a definitive agreement to acquire Huntley, IL based Haiges Machinery, a distributor of commercial laundry products and a provider of related installation and maintenance services that includes an experienced team of laundry professionals with longstanding customer relationships. The acquisition of Haiges Machinery is EVI’s first acquisition in the Midwest region of the United States. The transaction is expected to close upon the satisfaction of customary closing conditions. EVI expects Haiges Machinery’s results of operations to be accretive to its fiscal year ended June 30, 2025. Consideration for the purchase of Haiges Machinery is to be paid in cash.