INWOOD, N.Y. — Laundrylux, the North American supplier of Electrolux and Wascomat commercial laundry equipment located here, reports it has acquired Texas Coin and Commercial Laundry, a distributor in Dallas.
“Our partnership with Texas Coin and Commercial Laundry solidifies our position in the key Texas market,” says John Sabino, CEO of Laundrylux. “Mike and Kellie [Blumberg] have built a powerful business and respected brand that we can expand upon purposefully.”
Laundrylux notes that while it will acquire the Texas Coin and Commercial Laundry’s distribution business assets, the company’s route segment is not included in the purchase agreement. Terms of the deal were not disclosed.
“I am proud to partner with Laundrylux,” says Mike Blumberg. “They recognize the importance of local relationships and customer support and are committed to investing and growing, and at the same time, providing us the freedom to manage our business. I have seen the dedication, resources and support this company has provided to acquisitions and we want to be a part of the winning team.
“Laundrylux and the Milch family are committed to sustainable success and so are we. Together we look forward to providing our current and future customers with a greater level of service.”