Cintas Corporation Acquires Van Dyne Crotty
CINCINNATI, February 10, 2006 - Cintas Corporation announced today that it has acquired certain assets of Van Dyne Crotty, a privately-held uniform rental company headquartered in Dayton, Ohio. Van Dyne Crotty's primary business includes uniform rental and related business services, including first aid van delivery. Van Dyne Crotty's Ritz Safety division was not included in the transaction and will continue to operate as an independent company. Cintas acquired 25 Van Dyne Crotty operations-20 uniform rental operations and 5 operations under the name Select First Aid. The privately-held company did not disclose its revenue.
Scott D. Farmer, Cintas Corporation's President and Chief Executive Officer, stated, "When we think of companies that are "best in class" in our business, we think of Van Dyne Crotty. The Crotty family has built a premier company by focusing on quality and service to their customers. The combination of our two great companies will make us an even more valuable resource for our customers through enhanced product and service offerings."
Daniel W. Crotty, Van Dyne Crotty's President and Chief Executive Officer, said, "We have always felt our two companies operated in similar fashion-putting the customer first and valuing the partnership of those who work together to achieve the company's goals and vision. Combining forces with Cintas was a natural decision for us."
Cintas Corporation, headquartered in Cincinnati, Ohio, provides highly specialized services to businesses of all types throughout North America. Cintas designs manufactures and implements corporate identity uniform programs, provides entrance mats, restroom supplies, promotional products, first aid and safety products, fire protection services and document management services for approximately 700,000 businesses. Cintas is a publicly held company traded over the Nasdaq National Market under the symbol CTAS, and is a Nasdaq-100 company and component of the Standard & Poor's 500 Index. The Company has achieved 36 consecutive years of growth in sales and earnings, to date.
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William C. Gale
Senior Vice President-Finance and CFO
VP Corporate Communications