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Combination Expands Scope and Geography of Uniforms Business
AmeriPride is a leading uniform and linen rental and supply company in
the U.S. and
“This merger will enable us to enhance customer service, drive greater
efficiencies, expand career opportunities for our employees and we
expect it will generate sustainable value for our shareholders,” said
About
Cautionary Statements Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect our current views as to future events and financial performance including with respect to, without limitation, the benefits of our acquisition of AmeriPride, as well as statements regarding AmeriPride’s and our services and products. These statements can be identified by the fact that they do not relate strictly to historical or current facts. They relate to the topics set forth above or use words such as "outlook," "aim," "anticipate," "are confident," "have confidence," "estimate," "expect," "will be," "will continue," "will likely result," "project," "intend," "plan," "believe," "see," "look to" and other words and terms of similar meaning or the negative versions of such words.
Forward-looking statements speak only as of the date made. These
forward-looking statements are subject to risks and uncertainties that
may change at any time, and, therefore, our actual results may differ
materially from those that we expected. Such risks and uncertainties
include, among others, our ability to successfully integrate
AmeriPride’s business and costs and timing related thereto, the risk of
unanticipated restructuring costs or assumption of undisclosed
liabilities, the risk that we are unable to achieve the anticipated
benefits (including tax benefits) and synergies of the acquisition of
AmeriPride including whether the transaction will be accretive and
within the expected timeframe, the availability of sufficient cash to
repay certain indebtedness and our decision to utilize the cash for that
purpose, the disruption of the transactions to AmeriPride and its
management; AmeriPride’s ability to retain and hire key personnel and
maintain relationships with customers, suppliers and other third
parties, our ability to attract new or maintain existing customer and
supplier relationships at reasonable cost, our ability to retain key
personnel and the other factors set forth in the "Risk Factors," -"
Legal Proceedings" and "Management Discussion and Analysis of Financial
Condition and Results of Operations" sections and other sections of our
Annual Report on Form 10-K filed with the
View source version on businesswire.com: http://www.businesswire.com/news/home/20180122005921/en/
Source:
Aramark
Media Inquiries:
Karen Cutler, 215-238-4063
Cutler-Karen@aramark.com
or
Investor
Inquiries:
Kate Pearlman, 215-409-7287
Pearlman-Kate@aramark.com