Paragon Laundry

Announcement: 22 DECEMBER 2015 Acquisition of Stevens Hatherley Holdings (Paragon) by CLEAN CLEAN is delighted to announce the acquisition of the entire share capital of Stevens Hatherley Holdings Limited trading as Paragon Laundry. Paragon is one of the UKs largest independent linen and garment rental providers and a shareholder of the Brilliant Laundry Group. Paragon service many of the UKs leading hospitality and workwear clients across a large geographical region of the UK. Jason Miller, CEO, CLEAN said: This is a very exciting and strategic acquisition for CLEAN. I have known Paragon and worked closely with the business over many years and the integration of the Paragon business into CLEAN is a logical development. Combining Paragon with CLEAN will extend our market share in linen rental and doubles our workwear turnover. The geographical synergies are excellent and this acquisition will significantly extend our UK coverage. It will also broaden our service offering an...