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K-Bro completes acquisition of U.K.-based Star Mayan

On May 13, 2025, K-Bro Linen Inc., Canada's largest commercial laundry and linen processing company, announced the acquisition of U.K.-based Star Mayan Limited for £107.2 million (approximately $199.1 million). This strategic acquisition, expected to close in early June 2025, includes Star Mayan's three operating businesses: Synergy Health Managed Services Limited, Grosvenor Contracts (London) Limited, and Aeroserve Linen Services. The deal significantly expands K-Bro's presence in the U.K., creating a top-three national platform in the country's £1.6 billion commercial laundry and textile rental market. The combined entity will operate 17 facilities across the U.K., serving over 120 healthcare and hospitality clients. K-Bro anticipates achieving over £2 million in annual synergies within 24 months and plans to invest an additional £5 million to enhance capacity and operational efficiencies.

Company

K-Bro Linen Inc.

Law Firm / Organization
Stikeman Elliott LLP

Bank

Underwriters

Law Firm / Organization
Goodmans LLP
Merger & Acquisition
Other
$ 199,100,000
Closed