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EVI Industries Completes Acquisition of Girbau North America

1. EVI completed its acquisition of Girbau North America, enhancing market presence. 2. This strategic move aims to bolster EVI's leadership in the commercial laundry sector.

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FAQ

Why Very Bullish?

The acquisition should lead to increased market share and revenue. Historical acquisitions in similar markets have often resulted in substantial stock price appreciation.

How important is it?

The acquisition could significantly shift EVI's growth trajectory, impacting investor sentiment and stock performance.

Why Long Term?

Strategic acquisitions typically yield benefits over several quarters to years. Success depends on effective integration and market response.

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GNAPGEMCSTE
MIAMI--(BUSINESS WIRE)--EVI Industries, Inc. (NYSE American: EVI) (“EVI” or the “Company”) announced today the completion of its previously announced acquisition of Girbau North America, Inc. (“GNA”), a master distributor of commercial laundry products. The addition of GNA represents a transformational event in the Company's history as it is expected to substantially increase EVI's leading market position in the North American commercial laundry industry, expand EVI's talent base with a core ma.

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