Cintas Acquires North Carolina’s Rental Uniform Service
CINCINNATI – Cintas Corporation (Nasdaq: CTAS) has acquired Rental Uniform Service, a North Carolina-based, family-owned and operated uniform and facility services rental business.
Rental Uniform Service was founded in 1949 by James Waggoner. Currently, James’ grandson, Danny Lawrence, serves as CEO. James’ four daughters are also involved in leading the company, which services customers in North Carolina, South Carolina, and Tennessee through two locations: its original Statesville, N.C. plant and its Gastonia, N.C. plant.
“The Waggoner and Lawrence family has been a regional leader in this industry, and we’ve always respected how they’ve run their business,” said Scott Garula, President and COO of Cintas’ Rental Division. “The family built a company that delivers outstanding quality and service to their customers, which has generated tremendous customer satisfaction and retention. We look forward to adding talented and dedicated employee-partners to our organization. We have very similar operating philosophies and cultures, which will also help the transition for their customers and staff.”
“This business has been incredibly important to our family for decades, so it’s bittersweet to leave the industry,” said Danny Lawrence, CEO of Rental Uniform Service. “Our family has tremendous respect for Cintas. They run a first-class business and put their focus on their customers and their employee-partners. Our companies have strong alignment on values, making Cintas the obvious decision to work with during this transition.”
About Cintas Corporation
Cintas Corporation helps more than one million businesses of all types and sizes get Ready™ to open their doors with confidence every day by providing products and services that help keep their customers’ facilities and employees clean, safe, and looking their best. With offerings including uniforms, mats, mops, towels, restroom supplies, workplace water services, first aid and safety products, eye-wash stations, safety training, fire extinguishers, sprinkler systems and alarm service, Cintas helps customers get Ready for the Workday®. Headquartered in Cincinnati, Cintas is a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard & Poor’s 500 Index and Nasdaq-100 Index.