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K-Bro Completes Transformative Acquisition of U.K.-Based Star Mayan

Newswire.ca - Wed Jun 11, 2025

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(TSX:KBL)

EDMONTON,  AB, June 11, 2025 /CNW/ - K-Bro Linen Inc. ("K-Bro" or the "Corporation") is pleased to announce that it has completed its previously-announced acquisition of U.K.-based STAR Mayan Limited ("Star Mayan") for a cash purchase price of £107.2 million (the "Acquisition"). The Acquisition is highly complementary to K-Bro's existing U.K. businesses, Fishers and Shortridge, and creates a national footprint in the U.K.'s £1.6 billion commercial laundry and textile rental sector.

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