TULSA, Okla. – Superior Linen Service Inc.’s laundry business, incorporated in 1984 with 20 employees, has steadily grown over the years to encompass three facilities, 350 employees and state-of-the art machinery. Serving 4,000 business customers, Superior Linen washes 600,000 pounds of linen a week and more than 1 million napkins monthly.
MONTEREY, Calif.—Sun, sand, surf and laundry. That’s just part of what many of the 236 students at the Monterey Bay Academy (MBA), a four-year co-educational private high school, experience during their average school day.
Owned and operated by the Central California Conference of Seventh-day Adventists, MBA, a boarding school, is located on 379 acres about 60 miles south of San Francisco on the beautiful coast of California’s Monterey Bay.
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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.