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December 21, 2011

ALBANY, Ga. — Equinox Chemicals has announced that it has acquired Adco Cleaning Products, based in Sedalia, Mo. Terms of the acquisition were not announced.

Equinox will move Adco’s manufacturing operations to its state-of-the-art manufacturing plant in Albany, according to Yalda Harris, Equinox’s executive vice president for Global Product Management. Dr. Jim Schreiner, Adco’s chief product technology officer, will also be relocating, she says.

Customer-service and order-taking staff will remain in Sedalia, and there will be no changes to the way customers or distributors order from Adco, Harris adds. The national sales team will remain the same.

Nine operator jobs and one office employee have been relocated to Albany, with many key employees receiving relocation package offers, according to Harris.

Equinox is a specialty chemical manufacturer with specialty research, innovation, product development and commercialization capabilities that reach markets spanning the globe, the company says.

December 6, 2010

HUNT VALLEY, Md. — Butler Capital announced that BankUnited, a large regional bank based in Florida, has acquired its small-business lending operations. The lending operations will become a subsidiary of BankUnited known as United Capital Business Lending (UCBL).

“UCBL will build upon Butler Capital’s national lending platform, as well as the experience and expertise of the Butler Capital staff,” says Larry Butler, who will continue as Butler Capital’s CEO and serve as a consultant to UCBL.

November 26, 2010

NEW YORK — Vasken Ohanyan sits at his work table in the middle of Continental Cleaners in the Inwood section of Manhattan. Piled around him are measuring tapes, fabrics and thread. The walls are lined with racks of cleaned garments. By the storefront picture window, there’s a fitting room and a rack of abandoned garments for sale.

November 23, 2010

BAKERSFIELD, Calif. — New City Cleaners celebrated 100 years in business this month with Bakersfield Mayor Harvey Hall, many longtime customers and a live remote from KUZZ radio in attendance.

New City is the second-oldest drycleaning operation in the country. When Martin Fetchner founded the business (originally City Cleaners) in 1910, he performed garment pickup and delivery by horse and buggy.

September 14, 2009

CHARLOTTE, N.C. — The German company Ziermann Holding is buying all of Sail Star GmbH & Co. KG’s shares of Böwe Textile Cleaning GmbH. The agreement will include Böwe subsidiaries in Spain, China and the U.K.

The sale and transfer will be effective Jan. 1, 2010, and at the end of the year, the Böwe production unit in Augsburg, Germany, will close.

June 29, 2009

DAYTONA BEACH, Fla. — Two Brown & Brown subsidiaries have completed the acquisition of substantially all of the assets of Irving Weber Associates Inc.

With annualized revenues of approximately $4 million, Irving Weber specializes in insurance programs, primarily for the fabricare industry — comprised of drycleaners, linen supply, uniform rental and commercial laundry operations. Irving Weber also offers programs for other industries and has retail insurance agency operations.

September 2, 2008

LANCASTER, Pa. — Gorman Distributors has purchased the right to conduct business for Howard Enterprises, Harrisburg, Pa.

The purchase expands Gorman’s customer base, and Gorman will continue to provide service to Howard’s customers and expand product selections, Gorman says. The purchase, along with recently picked up distributorships for R&B Wire Products, Rema Dri-Vac Corp., Solomatic and others, has made the company into a national supplier.

August 11, 2008

OVERLAND PARK, Kan. — National Dry Cleaners Inc., the largest group of affiliated drycleaners in the United States with 231 stores in nine states, has filed for Chapter 11 bankruptcy protection. Its assets will be liquidated.

March 17, 2008

CINCINNATI — Zoots Corp. has sold Widmer’s Cleaners, the large Cincinnati-based chain it bought out in 1999, to the operation’s management team. Last week, Zoot’s sold or closed nine Connecticut stores, and appears to be consolidating nationwide.

Widmer’s changed ownership early this month, says Steve Carico, managing member, after about six months of talks. Newton, Mass.-based Zoots purchased Widmer’s shortly after startup to learn the business, in hopes of becoming a nationwide drycleaning brand.

February 1, 2008

SEDALIA, Mo. — Mentor Partners of Boston and Adco Cleaning Products of Sedalia, a leading manufacturer and distributor of chemicals for the drycleaning industry, have purchased the Chemical Products Division of Laidlaw Co., Scottsdale, Ariz.

The two companies merged their chemical-sales teams; Brent McWilliams, formerly vice president of Laidlaw, joins Adco as vice president of sales. Laidlaw’s sales team will continue to service wholesale supply accounts, with end users receiving all Laidlaw products through normal distribution channels.

October 31, 2007

PALM SPRINGS, Calif. — Industry consolidator U.S. Dry Cleaning Corp. (USDC) announced last week that it has signed an acquisition agreement with Honolulu, Hawaii-based Robinson Corp., operator of the prominent Caesars Cleaners chain.

Under the agreement, U.S. Dry Cleaning will acquire Robinson Corp. for $2.15 million in cash, debt and common stock. The transaction will be completed before the end of 2007, following customary closing conditions.

May 2, 2007

SEDALIA, Mo. — The new owners of Adco Inc., Cambridge, Mass.-based equity firm Mentor Partners, says that it plans to leverage the chemical company’s 99-year history of excellence in product development and customer service into new growth.

“Adco, as a leader in its industry, is our kind of company,” says Stephen LeGraw, president of Mentor Partners. “It has established a tradition of excellence that has set the standard in the commercial laundry and drycleaning industry.