MISSION, KS — American Reusable Textile Association’s (ARTA) recently held a sold out Green Summit in Quebec City. Held from July 22-23, the Green Summit drew 130 attendees including international attendees from The Netherlands, South Africa and New Zealand. The education conference was the largest ARTA has held to date. Prior education conferences were held in 2006 in Indianapolis and 2008 in Durham, N.C.
VON ORMY, Texas — Leave it to one of the industry’s largest players to institutionalize Green operations.
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Gulf Coast Laundry Acquired by Swisher Hygine
CHARLOTTE, N.C. — Swisher Hygiene Inc., a provider of hygiene and sanitation products and services, announced that it acquired Gulf Coast Laundry Services of Mississippi, LLC (“Gulf Coast Laundry Services”), a Mississippibased linen services company.
Gulf Coast Laundry Services provides linen rental and laundry services throughout southern Mississippi, Louisiana and Alabama, primarily to hotel, casino and resort customers. Concurrent with the acquisition, the founder of Gulf Coast Laundry Services, David Gross, will join Swisher Hygiene and contribute to the continued growth of its linen services business.
Total consideration paid by Swisher Hygiene in connection with the acquisition includes approximately $4.8 million in cash and the issuance of a convertible promissory note which may be converted into a maximum of 350,000 shares of Swisher Hygiene common stock subject to certain restrictions, including acceptance by the Toronto Stock Exchange.