Cintas Ends Talks About Possible Deal For UniFirst

Dow Jones03-24

By Josh Beckerman

Cintas said it has terminated discussions about a potential purchase of UniFirst, which has rejected previous approaches from workplace products maker

In January, Cintas said it made an offer for uniform supplier UniFirst valued at about $5.3 billion.

Cintas said Monday that it engaged with UniFirst and its advisers during the past several weeks.

"While we continue to believe in the merits of a transaction, we were unable to have substantive engagement with UniFirst regarding key transaction terms," Cintas said. "We do not believe further discussions are warranted at this time."

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

March 24, 2025 16:22 ET (20:22 GMT)

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