Fishers Laundry Group acquired by K-Bro Linen of Canada

Scottish laundry group Fishers is being bought by a Canadian company in a deal worth at least £35m.

K-Bro Linen Inc has agreed to acquire 100% of Fishers’ parent company, Fishers Topco Ltd, from major shareholder Caird Capital and a number of minority stakeholders.

Fife-based Fishers employs 800 staff at seven sites in Scotland and the north east of England.

It provides a range of commercial laundry and textile rental services.

Read Full Story