Alliance LS acquires distribution assets of Commercial Equipment Co.

Alliance Laundry Systems, a global commercial laundry equipment supplier, has reached an agreement to purchase the distribution assets of Dallas-based Commercial Equipment Co. (CEC). The deal is expected to be finalised in July.

Mike Schoeb, CEO of Alliance Laundry Systems: “CEC has long been a leader in their market and we are delighted by the opportunity this agreement affords Alliance to build on that reputation.”

While Alliance will acquire the company’s distribution business assets, CEC’s route segment is not included in the purchase agreement. In addition, CEC president, Taylor Smith, will remain an active part of the business moving forward with Alliance Laundry Systems. Smith stated: “I am excited by what this announcement means for our loyal customers. The Alliance acquisition ensures customers who, for decades, have relied on CEC for exceptional service will receive a new level of support that can only be offered by the world leader in commercial laundry.”