Cintas Corporation (Nasdaq: CTAS) has reinforced its commitment to providing top-tier uniform services by acquiring Rental Uniform Service, a well-established, family-run business based in North Carolina. This strategic move expands Cintas Uniform Services’ reach and enhances its service capabilities in the Carolinas and surrounding regions.
Rental Uniform Service, a company with deep roots in the industry, was founded in 1949 by James Waggoner and has remained a family affair. Currently led by CEO Danny Lawrence, James’ grandson, and with significant contributions from James’ four daughters, the company has built a strong reputation for quality and customer dedication. Operating from two plants in Statesville and Gastonia, North Carolina, Rental Uniform Service serves a broad customer base across North Carolina, South Carolina, and Tennessee.
Scott Garula, President and COO of Cintas’ Rental Division, highlighted the strategic alignment of this acquisition. “The Waggoner and Lawrence family has cultivated a leading regional presence, and we have long admired their operational excellence,” Garula stated. “Their unwavering commitment to delivering exceptional quality and service mirrors Cintas’ own values, resulting in impressive customer loyalty and satisfaction. We are excited to welcome their talented and dedicated employee-partners to the Cintas family. Our shared operational philosophies and company cultures will ensure a seamless transition for both employees and customers.”
Danny Lawrence, CEO of Rental Uniform Service, expressed mixed emotions about the acquisition, acknowledging the company’s long-standing family legacy. “This business has been central to our family for generations, making the decision to transition bittersweet,” Lawrence explained. “However, our family holds Cintas in high regard. They are a best-in-class organization with a strong focus on both their customers and employee-partners. The strong values alignment between our companies made Cintas the clear and ideal choice for this transition.”
This acquisition underscores Cintas Uniform Services’ ongoing commitment to growth and its dedication to providing businesses with comprehensive solutions to keep their operations running smoothly and safely. Cintas provides a wide array of products and services, ensuring businesses are Ready™ for anything. From uniforms and floor mats to restroom supplies and first aid solutions, Cintas’ offerings are designed to enhance workplace cleanliness, safety, and employee appearance. As a Fortune 500 company, Cintas continues to solidify its position as a leader in the uniform and facility services industry, helping over a million businesses get Ready for the Workday®. Headquartered in Cincinnati, Ohio, Cintas Corporation is publicly traded on the Nasdaq Global Select Market under the symbol CTAS and is a component of both the S&P 500 and Nasdaq-100 indices.
For further information, please contact Michelle Goret, Vice President of Corporate Affairs, at [email protected] or 513-972-4155.
