Description
Cintas Triggers Industry Shakeup With UniFirst Takeover Attempt!
Cintas Corp. is ramping up efforts to consolidate the uniform rental and facility services market with a fresh acquisition bid for its long-time rival, UniFirst Corp., in a proposed all-cash deal worth approximately $3.96 billion. The offer, priced at $275 per share, values UniFirst at around $5.2 billion and represents a hefty 62% premium to its pre-announcement trading levels. This move follows Cintas’s earlier unsuccessful attempt in January 2025, when UniFirst failed to engage in meaningful discussions. Now, in a stronger operational and financial position, Cintas is doubling down on its inorganic growth strategy. UniFirst shares jumped 38% in pre-market trading on the day of the announcement, indicating investor optimism about a potential deal. While UniFirst has yet to respond formally, Cintas’s intent is clear: leverage the scale and capabilities of both companies to drive synergies, enhance customer reach, and strengthen its leadership in a fragmented market.


