Brief: Envirostar agrees to buy Western State Design

EVI Industries

08/09/2016 14:00

Sept 8 (Reuters) - Envirostar Inc: 
    * Envirostar Inc announces the acquisition of western state 
design inc 
    * Says transaction is expected to be accretive to EVI's 
earnings in its current fiscal year ending June 30, 2017 
    * Deal for $28.0 million 
    * Says agreement to acquire substantially all of assets of 
Western State Design LLC 
    * Purchase price is expected to be funded by a credit 
facility that EVI intends to enter into with a commercial bank 
prior to closing 
 
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