UniFirst Rejects Informal Takeover Proposal from Elis SA

UNF
September 20, 2025
UniFirst Corporation confirmed on October 4, 2024, that it had contacted Elis SA to understand recent market rumors regarding Elis's potential entry into the U.S. market. Following these discussions, UniFirst's Board of Directors rejected an informal takeover proposal from Elis SA. The company stated that these discussions have concluded, and UniFirst does not anticipate holding future talks with Elis. This decision underscores UniFirst's commitment to its current strategic path and its belief in the long-term potential of its ongoing investments. UniFirst emphasized its excitement about the continued investments in its people, technology, and infrastructure, which are designed to support the business and unlock significant long-term value as a standalone entity. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.