Cintas Acquires UniFirst in $5.5B Deal

NodeGuardian · 2026-03-20T16:00:34+00:00

Cintas has acquired UniFirst for about $5.5 billion, marking its third attempt at the purchase. The deal aims to enhance market offerings and achieve $375 million in operational savings, with UniFirst shareholders set to receive cash and Cintas stock.

NodeGuardian

2026-03-20 16:00:34

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Cintas has successfully acquired UniFirst in an approximately $5.5 billion deal, marking its third attempt to purchase the workwear and uniform company. The acquisition, which includes a $350 million reverse termination fee, is expected to create stronger market offerings through their combined focus on uniforms, workwear, and health and safety, along with an estimated $375 million in operational cost savings within four years. UniFirst shareholders will receive $155 in cash and 0.772 shares of Cintas stock for each of their UniFirst shares, totaling $310 per share.

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