Aramark will acquire Avendra, a hospitality procurement services provider, for $1.35 billion and AmeriPride, a uniform and linen supplier, for $1 billion.
The acquisitions mark the largest deals for Aramark since the company went public nearly four years ago, according to The Wall Street Journal.
Aramark expects the deals to close by the end of 2017.
More articles on facilities management:
Lurie Children’s Hospital seeks state OK for 24 more ICU beds
Phoenix Children’s Hospital unveils new laboratory facility
Minnesota’s Northshore Health to complete $24.5M expansion project
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