India, March 3 -- EVI Industries, Inc. (EVI) announced Monday said it has agreed to acquire Girbau North America, Inc. from Girbau S.A., a Spanish-based manufacturer of commercial and industrial laundry products.

EVI Industries, Inc. (EVI) announced Monday said it has agreed to acquire Girbau North America, Inc. from Girbau S.A., a Spanish-based manufacturer of commercial and industrial laundry products.

Henry Nahmad, EVI's Chairman and CEO, commented: "Ten years ago, we embarked on a journey to build the undisputed leader in and around the commercial laundry industry and in doing so, produce attractive returns for our shareholders. Since the implementation of our long-term growth strategy, EVI has grown by more than 12x, completed twenty...