Cintas Corporation has proposed acquiring UniFirst for $275.00 per share, representing a 64% premium, with an anticipated total value of approximately $5.2 billion.

Target Information

Cintas Corporation has proposed an acquisition of UniFirst Corporation, positioning an all-cash offer of $275.00 per share. This proposal, communicated to UniFirst's Board of Directors on December 12, 2025, values the company at approximately $5.2 billion, reflecting a substantial 64% premium over UniFirst's average stock price in the preceding ninety days as of December 11, 2025. Cintas believes this acquisition will generate significant advantages for customers, employee-partners, and shareholders alike.

Todd Schneider, President and CEO of Cintas, expressed the company's strong commitment to integrating their operations with UniFirst. They assert that the merger would enhance service delivery and capacity across over one million business customers in the U.S. and Canada, bolstering the competitive capabilities of both organizations.

Industry Overview

The rental uniform and facility services industry, particularly in the United States, is characterized by intense competition and rapid growth. Major players, including Cintas and UniFirst, vie for market share in a landscape increasingly do