Aramark completed its acquisition of AmeriPride Services Inc. on , for approximately $1.0 billion . The deal, originally announced in October 2017, combined two major uniform and linen service providers to serve nearly 500,000 customers across the U.S. and Canada. Key Deal Details

: The gross purchase price was $1.0 billion, which Aramark estimated as a net cost of $850 million after accounting for anticipated tax benefits.

: Aramark projected approximately $70 million in annual cost savings (synergies) to be fully realized by the fourth fiscal year after closing.