{"id":943464,"date":"2026-03-11T07:57:34","date_gmt":"2026-03-11T11:57:34","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cintas-to-acquire-unifirst-in-5-5-billion-transaction-that-expands-service-capabilities-enhances-workday-solutions-and-advances-industry-innovation\/"},"modified":"2026-03-11T07:57:34","modified_gmt":"2026-03-11T11:57:34","slug":"cintas-to-acquire-unifirst-in-5-5-billion-transaction-that-expands-service-capabilities-enhances-workday-solutions-and-advances-industry-innovation","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cintas-to-acquire-unifirst-in-5-5-billion-transaction-that-expands-service-capabilities-enhances-workday-solutions-and-advances-industry-innovation\/","title":{"rendered":"Cintas to Acquire UniFirst in $5.5 Billion Transaction That Expands Service Capabilities, Enhances Workday Solutions and Advances Industry Innovation"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadl0 { padding-left: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwuline { text-decoration: underline }\n.bwvertalignt { vertical-align: top }\n.bwwidth100 { width: 100% }\n.bwwidth25 { width: 25% }\n.bwwidth75 { width: 75% }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Cintas to Acquire UniFirst in $5.5 Billion Transaction That Expands Service Capabilities, Enhances Workday Solutions and Advances Industry Innovation<\/b><\/p>\n<p class=\"bwalignc\"><i>Transaction expected to deliver substantial benefits for customers, workers and employees across North America and enhance value for shareholders of both companies<\/i><\/p>\n<p class=\"bwalignc\"><i>Estimated to generate approximately $375 million of operating cost synergies<\/i><\/p>\n<p>CINCINNATI &amp; WILMINGTON, Mass.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCintas Corporation (Nasdaq: CTAS) (\u201cCintas\u201d or the \u201cCompany\u201d) and UniFirst Corporation (NYSE: UNF) (\u201cUniFirst\u201d) today announced that they have entered into a definitive agreement under which Cintas will acquire UniFirst for $310.00 per share in cash and stock, representing an enterprise value of approximately $5.5 billion.<sup>1<\/sup><\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260310478114\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260310478114\/en\/<\/a><\/p>\n<p>\nThe transaction brings together two family-founded companies with longstanding commitments to customer service and operational excellence. The combined company will deliver innovative products and outstanding services to approximately 1.5 million business customers across North America. By integrating complementary processing capacity, route networks, service infrastructure, supply chains and technology investments, Cintas expects to create efficiencies and expand service capabilities. These enhancements will benefit customers \u2013 and the American and Canadian workers they support \u2013 through reliable, cost-effective garment, facility services and first aid and safety programs backed by continued innovation.<\/p>\n<p><b>Executive and Board Commentary<\/b><\/p>\n<p>\n\u201cThis agreement marks a critical step in realizing substantial value for shareholders and customers,\u201d said Todd Schneider, President and Chief Executive Officer of Cintas. \u201cFor decades, Cintas and UniFirst have built their reputations on a shared commitment to service excellence and putting customers first. By combining, we will be better positioned to drive growth and deliver on efficiencies that will benefit our collective customers and employee-partners. We look forward to welcoming UniFirst Team Partners to Cintas as we deliver on our shared vision.\u201d<\/p>\n<p>\n\u201cThe UniFirst Board of Directors is pleased to have reached an agreement with Cintas that maximizes value for our shareholders and provides the opportunity to participate in the compelling future upside of the combined company,\u201d said Joseph M. Nowicki, Chairman of the UniFirst Board of Directors. \u201cThis transaction follows a thoughtful and thorough evaluation by our Board, leadership team and members of the Croatti family, and we are unanimous in our conviction that this transaction is in the best interests of UniFirst and all our stakeholders.\u201d<\/p>\n<p>\n\u201cThis announcement reflects the extraordinary dedication of our Team Partners to \u2018Always Deliver\u2019 for the customers and communities we serve,\u201d said Steven Sintros, UniFirst President and Chief Executive Officer. \u201cAs we spent time with Todd and the Cintas leadership team, it became clear that there is a deep alignment in purpose and core priorities between our two companies, including a steadfast commitment to investing in our people and driving operational excellence. Bringing together these successful, family-founded businesses will create meaningful benefits for our people and communities while advancing innovation for the benefit of our customers and the broader industry.\u201d<\/p>\n<p>\n\u201cSince our founding in 1936, UniFirst has been distinguished by our strong family culture and core values \u2013 Customer Focus, Respect for Others and Commitment to Quality \u2013 and an unwavering dedication to serve the people who do the hard work,\u201d said Cynthia, Carol and Matthew Croatti. \u201cAs stewards of that legacy, we reflected deeply on how best to build on UniFirst\u2019s rich history as an industry pioneer and unlock additional opportunities for growth, innovation, and long-term value creation for our stakeholders. We see in Cintas a family-founded partner that both respects the strong business we have built and fundamentally shares our values. Underscoring our confidence that this is the right path forward for UniFirst, we will retain an ownership position in the combined company.\u201d<\/p>\n<p><b>Compelling Strategic and Financial Benefits<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Enhances Capabilities in Large, Growing and Competitive Market. <\/b>The combined company will deliver an innovative, more complete solution, comprehensive service offering and value proposition for businesses of all sizes. Together, Cintas and UniFirst will be better able to deliver on the strong buying motivations of image, safety, cleanliness and compliance.\n<\/li>\n<li><b>Creates Robust and Efficient Option for Customers and Workers<\/b>: Together, Cintas and UniFirst will be better positioned to compete with well-resourced companies that are focused on increasing their garment and facility offerings and investing in last mile fleets, as well as competition from other uniform and workwear procurement options, including direct purchase, direct managed programs and hybrid approaches. With enhanced sourcing optionality, the combined company will be positioned to deliver value for customers and workers.\n<\/li>\n<li><b>Creates Meaningful Opportunities for UniFirst Team Partners<\/b>: The overwhelming majority of UniFirst employees are expected to have opportunities in the combined company. Like UniFirst, Cintas supports its people with meaningful investments in career growth and development, technology and assets.\n<\/li>\n<li><b>Optimizes Shared Technological Advancements: <\/b>Accelerates the benefit of the combined companies\u2019 investments in technology-supported operational excellence and creates opportunities to optimize shared infrastructure and route networks for the benefit of customers.\n<\/li>\n<li><b>Unlocks Additional Resources and Cost Synergies<\/b>: Cintas expects to benefit from the addition of UniFirst\u2019s talented workforce while also realizing approximately $375 million of operating cost synergies, including material cost, production expense, service expense and selling, general and administrative expense, within four years.\n<\/li>\n<li><b>Delivers Compelling Financial Benefits. <\/b>Expected to be accretive to Cintas\u2019 earnings per share by the end of the second full year after closing. Net leverage ratio at close is expected to be 1.5x debt to EBITDA.\n<\/li>\n<\/ul>\n<p><b>Transaction Details<\/b><\/p>\n<p>\nUnder the terms of the agreement, UniFirst shareholders will receive $155.00 in cash and 0.7720 shares of Cintas stock for each UniFirst share they own. This represents a combined value of $310.00 per share based on Cintas\u2019 closing share price of $200.77 on March 9, 2026. There will be no separate or additional consideration for Class B shares.<\/p>\n<p>\nThe implied total enterprise value of the transaction is approximately $5.5 billion, which represents a multiple of 8.0x run-rate trailing 12 months EBITDA, including approximately $375 million of operating cost synergies.<\/p>\n<p>\nThe cash consideration will be funded with Cintas\u2019 cash on hand, committed lines of credit and\/or other available sources of financing, and is not subject to any contingencies. Cintas has secured fully committed bridge financing from Morgan Stanley Senior Funding, Inc., KeyBank National Association and Wells Fargo Bank N.A.<\/p>\n<p><b>Timing and Approvals<\/b><\/p>\n<p>\nThe transaction has been unanimously approved by the Cintas and UniFirst Boards of Directors. Entities affiliated with the Croatti family, which control approximately two thirds of the voting power of UniFirst\u2019s common stock and Class B common stock, voting together as a class, have entered into a voting support agreement under which they have agreed to vote their shares in favor of the transaction. The transaction is expected to close in the second half of calendar 2026, subject to customary closing conditions, approval by UniFirst shareholders and the receipt of certain regulatory approvals.<\/p>\n<p><b>Cintas Preliminary Q3 2026 Earnings Results<\/b><\/p>\n<p>\nRevenue for Cintas\u2019 fiscal 2026 third quarter ended February 28, 2026, was $2.84 billion compared to $2.61 billion in last year\u2019s third quarter, an increase of 8.9%. The organic revenue growth rate for the third quarter of fiscal 2026, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 8.2%.<\/p>\n<p>\nCintas will release fiscal year 2026 third quarter results on Wednesday, March 25, 2026. The Company will conduct a conference call to address the financial results. A live webcast of the call will be available to individual investors and the public beginning at 10:00 a.m., Eastern Time on March 25, 2026.<\/p>\n<p><b>UniFirst Q2 Fiscal 2026 Financial Results<\/b><\/p>\n<p>\nUniFirst will report its financial results for the second quarter of fiscal 2026 on April 1, 2026, before the market opens. In light of the pending transaction with Cintas, UniFirst does not intend to hold quarterly conference calls or provide guidance updates going forward.<\/p>\n<p><b>Investor Conference Call and Transaction Website Details<\/b><\/p>\n<p>\nCintas will conduct a live conference call and webcast to discuss the transaction at 8:30 a.m. Eastern Time today (Wednesday, March 11, 2026). The webcast will be available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cintas.com%2Finvestors%2F&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=www.Cintas.com%2Finvestors%2F&amp;index=1&amp;md5=492dcc7c75bbeeacb57b5b83849b8845\">www.Cintas.com\/investors\/<\/a>. Click on the webcast icon and then follow instructions.<\/p>\n<p>\nA dedicated website providing ongoing information and resources about the transaction is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cintasunifirst.com%2F&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=www.CintasUniFirst.com&amp;index=2&amp;md5=185a8dde3d295710145b104436399c6b\">www.CintasUniFirst.com<\/a>.<\/p>\n<p><b>Advisors<\/b><\/p>\n<p>\nMorgan Stanley &amp; Co. LLC is acting as financial advisor, Davis Polk &amp; Wardwell LLP is serving as legal advisor, and FGS Global is serving as strategic communications advisor to Cintas. Goldman Sachs &amp; Co. LLC and J.P. Morgan Securities LLC are serving as financial advisors, Paul Hastings LLP is serving as legal advisor, and Joele Frank, Wilkinson Brimmer Katcher is serving as strategic communications advisor to UniFirst.<\/p>\n<p><b>About Cintas<\/b><\/p>\n<p>\nCintas Corporation helps more than one million businesses of all types and sizes get Ready\u2122 to open their doors with confidence every day by providing products and services that help keep their customers\u2019 facilities and employees clean, safe and looking their best. With offerings including uniforms, mats, mops, restroom supplies, first aid and safety products, fire extinguishers and testing, and safety training, Cintas helps customers get Ready for the Workday\u00ae. Headquartered in Cincinnati, Cintas is a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard &amp; Poor\u2019s 500 Index and Nasdaq-100 Index.<\/p>\n<p><b>About UniFirst<\/b><\/p>\n<p>\nHeadquartered in Wilmington, Mass., UniFirst Corporation (NYSE: UNF) is a North American leader in the supply and servicing of uniform and workwear programs, facility service products, as well as first aid and safety supplies and services. Together with its subsidiaries, the company also manages specialized garment programs for the cleanroom and nuclear industries. In addition to partnering with leading brands, UniFirst manufactures its own branded workwear, protective clothing, and floorcare products at its three company-owned manufacturing facilities. With more than 270 service locations, over 300,000 customer locations, and 16,000-plus employee Team Partners, the company outfits more than 2 million workers every day.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis communication contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended (the \u201c<span class=\"bwuline\">Securities Act of 1933<\/span>\u201d), which involve risks and uncertainties. Any statements about Cintas\u2019, UniFirst\u2019s or the combined company\u2019s plans, objectives, expectations, strategies, beliefs, or future performance or events and any other statements to the extent they are not statements of historical fact are forward-looking statements. Words, phrases or expressions such as \u201cestimates,\u201d \u201cconfident,\u201d \u201ccontinue,\u201d \u201chope,\u201d \u201clikely,\u201d \u201cmight,\u201d \u201cpossible,\u201d \u201cpotential,\u201d \u201ctrend,\u201d \u201canticipates,\u201d \u201cpredicts,\u201d \u201cprojects,\u201d \u201cplans,\u201d \u201cexpects,\u201d \u201cintends,\u201d \u201ctargets,\u201d \u201cforecasts,\u201d \u201cbelieves,\u201d \u201cseeks,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cstrategy,\u201d \u201cobjective,\u201d and similar words, phrases or expressions or the negative versions thereof are intended to identify forward\u2011looking statements but are not the exclusive means of identifying such statements. Forward-looking statements are based on information available and assumptions made at the time the statements are made. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. Forward-looking statements in this communication include, but are not limited to, statements about the benefits of the transaction between Cintas and UniFirst (the \u201c<span class=\"bwuline\">Transaction<\/span>\u201d), including future financial and operating results, the combined company\u2019s plans, objectives, expectations and intentions, and other statements that are not historical facts.<\/p>\n<p>\nThe following Transaction-related factors, among others, could cause actual results to differ materially from those expressed in or implied by forward-looking statements: the occurrence of any event, change, or other circumstance that could give rise to the right of one or both of the parties to terminate the definitive merger agreement between Cintas and UniFirst; the outcome of any legal proceedings that may be instituted against Cintas or UniFirst; the possibility that the Transaction does not close when expected or at all because required regulatory, shareholder, or other approvals and other conditions to closing are not received or satisfied on a timely basis or at all (and the risk that seeking or obtaining such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the Transaction); the risk that the benefits from the Transaction may not be fully realized or may take longer to realize than expected, including as a result of changes in, or problems arising from, general economic and market conditions, interest and exchange rates, monetary policy, trade policy (including tariff levels), laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Cintas and UniFirst operate; any failure to promptly and effectively integrate the businesses of Cintas and UniFirst; the possibility that the Transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; reputational risk and potential adverse reactions of Cintas\u2019 or UniFirst\u2019s customers, employees or other business partners, including those resulting from the announcement, pendency or completion of the Transaction; the dilution caused by Cintas\u2019 issuance of additional shares of its capital stock in connection with the Transaction; changes in the trading price of Cintas\u2019 or UniFirst\u2019s capital stock; and the diversion of management\u2019s attention and time to the Transaction from ongoing business operations and opportunities.<\/p>\n<p>\nAdditional important factors relating to Cintas that could cause actual results to differ from those in forward-looking statements include, but are not limited to,<i \/>the possibility of greater than anticipated operating costs including energy and fuel costs; lower sales volumes; loss of customers due to outsourcing trends; the performance and costs of integration of acquisitions; supply chain constraints and macroeconomic conditions, including inflationary pressures and higher interest rates; changes in global trade policies, tariffs, and other measures that could restrict international trade; fluctuations in costs of materials and labor, including increased medical costs; costs and possible effects of union organizing activities; failure to comply with government regulations concerning employment discrimination, employee pay and benefits and employee health and safety; the effect on operations of exchange rate fluctuations, and other political, economic and regulatory risks; uncertainties regarding any existing or newly-discovered expenses and liabilities related to environmental compliance and remediation; Cintas\u2019 ability to meet its aspirations relating to sustainability opportunities, improvements and efficiencies; the cost, results and ongoing assessment of internal controls over financial reporting; the effect of new accounting pronouncements; risks associated with cybersecurity threats, including disruptions caused by the inaccessibility of computer systems data and cybersecurity risk management; the initiation or outcome of litigation, investigations or other proceedings; higher assumed sourcing or distribution costs of products; the disruption of operations from catastrophic or extraordinary events including global health pandemics; the amount and timing of repurchases of Cintas\u2019 common stock, if any; changes in global tax and labor laws; the reactions of competitors in terms of price and service; and the other risks and contingencies detailed in Cintas\u2019 most recent <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0000723254%2F000072325425000017%2Fctas-20250531.htm&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=Annual+Report+on+Form+10-K&amp;index=3&amp;md5=52bf83da09a416a69d8b96842a62e1a0\">Annual Report on Form 10-K<\/a> and its other filings with the Securities and Exchange Commission (the \u201c<span class=\"bwuline\">SEC<\/span>\u201d).<\/p>\n<p>\nAdditional important factors relating to UniFirst that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, uncertainties caused by an economic recession or other adverse economic conditions, including, without limitation, as a result of elevated inflation or interest rates or extraordinary events or circumstances such as geopolitical conflicts like the conflict between Russia and Ukraine and disruption in the Middle East, and their impact on UniFirst\u2019s customers\u2019 businesses and workforce levels; disruptions of UniFirst\u2019s business and operations, including limitations on, or closures of, UniFirst\u2019s facilities, or the business and operations of UniFirst\u2019s customers or suppliers in connection with extraordinary events or circumstances; uncertainties regarding UniFirst\u2019s ability to consummate acquisitions and successfully integrate acquired businesses, and the performance of such businesses; uncertainties regarding any existing or newly-discovered expenses and liabilities related to environmental compliance and remediation; any adverse outcome of pending or future contingencies or claims; UniFirst\u2019s ability to compete successfully without any significant degradation in UniFirst\u2019s margin rates, seasonal and quarterly fluctuations in business levels; UniFirst\u2019s ability to preserve positive labor relationships and avoid becoming the target of corporate labor unionization campaigns that could disrupt UniFirst\u2019s business; the effect of currency fluctuations on UniFirst\u2019s results of operations and financial condition; UniFirst\u2019s dependence on third parties to supply UniFirst with raw materials, which such supply could be severely disrupted as a result of extraordinary events or circumstances such as the conflict between Russia and Ukraine; any loss of key management or other personnel; increased costs as a result of any changes in federal, state, international or other laws, rules and regulations or governmental interpretation of such laws, rules and regulations; uncertainties regarding, or adverse impacts from continued high price levels of natural gas, electricity, fuel and labor or increases in such costs; the negative effect on UniFirst\u2019s business from sharply depressed oil and natural gas prices; the continuing increase in domestic healthcare costs, increased workers\u2019 compensation claim costs, increased healthcare claim costs; UniFirst\u2019s ability to retain and grow its customer base, demand and prices for UniFirst\u2019s products and services; fluctuations in UniFirst\u2019s nuclear business; political or other instability; supply chain disruption or infection among UniFirst\u2019s employees in Mexico and Nicaragua where UniFirst\u2019s principal garment manufacturing plants are located; UniFirst\u2019s ability to properly and efficiently design, construct, implement and operate a new enterprise resource planning (\u201cERP\u201d) computer system; interruptions or failures of UniFirst\u2019s information technology systems, including as a result of cyber-attacks; additional professional and internal costs necessary for compliance with any changes in or additional SEC, NYSE and accounting or other rules; strikes and unemployment levels; UniFirst\u2019s efforts to evaluate and potentially reduce internal costs; the impact of U.S. and foreign trade policies and tariffs or other impositions on imported goods on UniFirst\u2019s business, results of operations and financial condition; UniFirst\u2019s ability to successfully implement its business strategies and processes, including UniFirst\u2019s capital allocation strategies; UniFirst\u2019s ability to successfully remediate the material weakness in internal control over financial reporting disclosed in UniFirst\u2019s <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0000717954%2F000119312525256222%2Funf-20250830.htm&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=Annual+Report+on+Form+10-K&amp;index=4&amp;md5=06245cecb77f03e149e6a45051764d73\">Annual Report on Form 10-K<\/a> for the fiscal year ended August 30, 2025, filed with the SEC on October 29, 2025, in an appropriate and timely matter or at all; and the other risks and contingencies detailed in UniFirst\u2019s most recent Annual Report on Form 10-K and its other filings with the SEC.<\/p>\n<p>\nThese factors are not necessarily all of the factors that could cause Cintas\u2019, UniFirst\u2019s or the combined company\u2019s actual results, performance, or achievements to differ materially from those expressed in or implied by any forward-looking statements. Other unknown or unpredictable factors also could harm Cintas\u2019, UniFirst\u2019s or the combined company\u2019s results.<\/p>\n<p>\nAll forward-looking statements attributable to Cintas, UniFirst, or the combined company, or persons acting on Cintas\u2019 or UniFirst\u2019s behalf, are expressly qualified in their entirety by the cautionary statements set forth above. Forward-looking statements speak only as of the date they are made, and Cintas and UniFirst do not undertake or assume any obligation to update publicly any of these statements to reflect actual results, new information or future events, changes in assumptions, or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If Cintas or UniFirst updates one or more forward-looking statements, no inference should be drawn that Cintas or UniFirst will make additional updates with respect to those or other forward-looking statements. Further information regarding Cintas, UniFirst and factors that could affect the forward-looking statements contained herein can be found in Cintas\u2019 Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, and its other filings with the SEC, and in UniFirst\u2019s Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, and its other filings with the SEC.<\/p>\n<p><b>No Offer or Solicitation<\/b><\/p>\n<p>\nThis communication is not an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933.<\/p>\n<p><b>Important Information and Where to Find It<\/b><\/p>\n<p>\nIn connection with the Transaction, Cintas will file relevant materials with the SEC, including a Registration Statement on Form S-4 (the \u201c<span class=\"bwuline\">Registration Statement<\/span>\u201d) to register the shares of Cintas common stock to be issued in connection with the Transaction. The Registration Statement will include a proxy statement of UniFirst that also constitutes a prospectus of Cintas. The definitive proxy statement\/prospectus will be sent to the shareholders of UniFirst.<\/p>\n<p>\nINVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT ON FORM S-4 AND THE PROXY STATEMENT\/PROSPECTUS WHEN THEY BECOME AVAILABLE, AS WELL AS ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE TRANSACTION OR INCORPORATED BY REFERENCE INTO THE PROXY STATEMENT\/PROSPECTUS, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION REGARDING CINTAS, UNIFIRST, THE TRANSACTION AND RELATED MATTERS.<\/p>\n<p>\nInvestors and security holders may obtain free copies of these documents and other documents filed with the SEC by Cintas or UniFirst through the website maintained by the SEC at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.sec.gov&amp;index=5&amp;md5=2621157d75840459c0f61be221cd5fab\">http:\/\/www.sec.gov<\/a> or from Cintas at its website, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cintas.com&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.cintas.com&amp;index=6&amp;md5=4d1d99d21296adfc023159b1a5110388\">https:\/\/www.cintas.com<\/a>, or from UniFirst at its website, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.unifirst.com&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.unifirst.com&amp;index=7&amp;md5=58727e3b7850074abc7e47b33a0007ba\">https:\/\/www.unifirst.com<\/a> (information included on or accessible through either of Cintas\u2019 or UniFirst\u2019s website is not incorporated by reference into this communication).<\/p>\n<p><b>Participants in the Solicitation<\/b><\/p>\n<p>\nCintas, UniFirst, their respective directors and certain of their respective executive officers may be deemed to be participants in the solicitation of proxies in connection with the Transaction under the rules of the SEC. Information about the directors and executive officers of Cintas and their compensation and ownership of Cintas common stock is set forth under the headings \u201cElection of Directors\u201d, \u201cBoard\u2019s Roles and Responsibilities\u201d, \u201cBoard Committees and Meetings\u201d, \u201cNonemployee Director Compensation\u201d, \u201cDirector Compensation Table\u201d, \u201cCompensation Committee Report\u201d, \u201cExecutive Compensation\u201d, \u201cCompensation Discussion and Analysis\u201d, \u201cSummary Compensation Table\u201d, \u201cGrants of Plan-Based Awards Table\u201d, \u201cOutstanding Equity Awards Table\u201d, \u201cOption Exercises and Stock Vested Table\u201d, \u201cNonqualified Deferred Compensation\u201d, \u201cPotential Payments upon Termination, Retirement or Change in Control\u201d, \u201cCEO Pay Ratio\u201d, \u201cPay Versus Performance\u201d, \u201cApproval, on an Advisory Basis, of Named Executive Officer Compensation\u201d, \u201cPrincipal Shareholders\u201d, \u201cSecurity Ownership of Director Nominees and Named Executive Officers\u201d and \u201cRelated Party Transactions,\u201d respectively, in the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0000723254%2F000072325425000025%2Fctas-20250915.htm&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=proxy+statement&amp;index=8&amp;md5=3c0c904fb9f721cb8f13b1c9bec18351\">proxy statement<\/a> for Cintas\u2019 2025 Annual Meeting of Shareholders, filed with the SEC on September 16, 2025; under the heading \u201cSecurity Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters\u201d in Cintas\u2019 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0000723254%2F000072325425000017%2Fctas-20250531.htm%23ice9aea6cc7c744af9eae65d2bad11d8d_172&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=Annual+Report+on+Form+10%26%238209%3BK&amp;index=9&amp;md5=638a823fd05cdff41c0218a6f866d838\">Annual Report on Form 10\u2011K<\/a> for the fiscal year ended May 31, 2025, filed with the SEC on July 28, 2025; in the supplemental information regarding the participants\u2019 holdings of the Cintas\u2019 securities can be found in SEC filings on Statements of Change in Ownership on Form 4 filed with the SEC on October 31, 2025 (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000089225125000207%2FxslF345X05%2Fform4.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=10&amp;md5=053b0e12741aad3d0c40f91ec216c77f\">here<\/a>), December 17, 2025 (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000095010325016270%2FxslF345X05%2Fdp238878_4-coletti1.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=11&amp;md5=be98c360b6a343df35e3b1201c99c9a5\">here<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000095010325016271%2FxslF345X05%2Fdp238879_4-coletti2.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=12&amp;md5=46800f16193149006dc24f954702e803\">here<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000095010325016273%2FxslF345X05%2Fdp238880_4-coletti3.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=13&amp;md5=105706cb96610f521f6ab4980555c477\">here<\/a>), December 30, 2025 (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000089225125000229%2FxslF345X05%2Fform4.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=14&amp;md5=9b520f65b86806faf768769089c48058\">here<\/a>), January 22, 2026 (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000095010326000864%2FxslF345X05%2Fdp240324_coletti.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=15&amp;md5=b41bb3fd8d79519230466e93d4dd370f\">here<\/a>) and January 30, 2026 (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000089225126000035%2FxslF345X05%2Fform4.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=16&amp;md5=e4716dd576c2c3040051c99235fae3e7\">here<\/a>) for Robert E. Coletti; on October 31, 2025 for Joseph Scaminace (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000089225125000208%2FxslF345X05%2Fform4.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=17&amp;md5=0a63cfc60d6653c49606676e12e0ff0e\">here<\/a>); on October 31, 2025 (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000089225125000206%2FxslF345X05%2Fform4.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=18&amp;md5=715092381de9d6a753ceb298824b8796\">here<\/a>), December 17, 2025 (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000095010325016267%2FxslF345X05%2Fdp238876_4-carnahan1.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=19&amp;md5=ce64245a469436af1682fc3fa846f1e4\">here<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000095010325016268%2FxslF345X05%2Fdp238877_4-carnahan2.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=20&amp;md5=803c6ae2c625333ab5539ed358d532e9\">here<\/a>) and January 22, 2026 (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000095010326000866%2FxslF345X05%2Fdp240326_carnahan.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=21&amp;md5=aef9f0914f2f3e101c79047fbaa72e46\">here<\/a>) for Karen L. Carnahan; on October 31, 2025 (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000089225125000204%2FxslF345X05%2Fform4.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=22&amp;md5=a9e281171280110155e8b68fa1bb1404\">here<\/a>), December 17, 2025 (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000095010325016264%2FxslF345X05%2Fdp238874_4-barstad1.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=23&amp;md5=16faafc5f8a136dac95b1b2786a7f214\">here<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000095010325016266%2FxslF345X05%2Fdp238875_4-barstad2.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=24&amp;md5=d02e9e7d8fdeb01483c3b23d139cfec7\">here<\/a>) and January 22, 2026 (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000095010326000865%2FxslF345X05%2Fdp240325_barstad.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=25&amp;md5=4700f6cfde3b305332a4ce3c6f90edf0\">here<\/a>) for Melanie W. Barstad; on October 31, 2025 for Martin Mucci (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000089225125000209%2FxslF345X05%2Fform4.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=26&amp;md5=b40f15b591ea0997190125913b93c75f\">here<\/a>); on October 31, 2025 for Beverly K. Carmichael (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000089225125000205%2FxslF345X05%2Fform4.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=27&amp;md5=fb8d41261ec57cd329cd9a1b786f0128\">here<\/a>); on October 31, 2025 (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000089225125000210%2FxslF345X05%2Fform4.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=28&amp;md5=ca93bb244f3e5d14bdbed62590a4e7ec\">here<\/a>) and December 17, 2025 (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000095010325016274%2FxslF345X05%2Fdp238881_4-tysoe1.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=29&amp;md5=5641398b25711afdef69628d051fa86d\">here<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000095010325016275%2FxslF345X05%2Fdp238882_4-tysoe2.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=30&amp;md5=9bd05d6dd7bc2ad8ca34817c99d16894\">here<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000095010325016276%2FxslF345X05%2Fdp238883_4-tysoe3.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=31&amp;md5=770faf97c5d57b719362efe6f43a3b25\">here<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000095010325016278%2FxslF345X05%2Fdp238884_4-tysoe4.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=32&amp;md5=f641bdaeeecb480d519dff8d06bdb5a3\">here<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000095010325016279%2FxslF345X05%2Fdp238885_4-tysoe5.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=33&amp;md5=38d0c8f4309a8e6b31611b47cce4b332\">here<\/a>) for Ronald W. Tysoe; and on December 30, 2025 (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000089225125000228%2FxslF345X05%2Fform4.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=34&amp;md5=53f2df8a699cc04d744859220004ce0b\">here<\/a>) and January 30, 2026 (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F723254%2F000089225126000034%2FxslF345X05%2Fform4.xml&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=35&amp;md5=6fa7a708d40ed751bae2dd99a851a0a9\">here<\/a>) for Scott D. Farmer. Information about the interests of the directors and executive officers of UniFirst and other persons who may be deemed to be participants in the solicitation of proxies in connection with the Transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the proxy statement\/prospectus related to the Transaction, which will be filed with the SEC. Information about the directors and executive officers of UniFirst and their compensation and ownership of UniFirst common stock is set forth under the headings \u201cExecutive Compensation,\u201d \u201cDirector Compensation \u2013 Fiscal 2025\u201d and \u201cSecurity Ownership of Management, Directors, Director Nominees and Principal Shareholders,\u201d respectively, in UniFirst\u2019s <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0000717954%2F000119312525293727%2Funf-20251124.htm&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=definitive+proxy+statement&amp;index=36&amp;md5=a829d32cb66f0e0c28251f421349b083\">definitive proxy statement<\/a> for its 2026 Annual Meeting of Shareholders, filed with the SEC on November 24, 2025 under the heading \u201cSecurity Ownership of Certain Beneficial Owners and management and Related Stockholder Matters\u201d in UniFirst\u2019s <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0000717954%2F000119312525256222%2Funf-20250830.htm%23item_12_security_ownership_certain_benef&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=Annual+Report+on+Form+10%26%238209%3BK&amp;index=37&amp;md5=32edc368864e716437b34d884a484524\">Annual Report on Form 10\u2011K<\/a> for the fiscal year ended August 30, 2025, filed with the SEC on October 29, 2025; in UniFirst\u2019s <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0000717954%2F000119312525335335%2Funf-20251223.htm&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=Current+Report+on+Form+8-K&amp;index=38&amp;md5=11783619412aadeb461d7b881abef1b9\">Current Report on Form 8-K<\/a> filed with the SEC on December 29, 2025; in the supplemental information regarding the participants\u2019 holdings of the UniFirst\u2019s securities can be found in SEC filings on Statements of Change in Ownership on Form 4 filed with the SEC on December 18, 2025 for Sergio A. Pupkin (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2Fownership.html%2F000119312525325400%2F0001193125-25-325400-index.html&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=39&amp;md5=e46239bac10cef0d45d73de931487a66\">here<\/a>); December 18, 2025 for Kelly C. Rooney (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2Fownership.html%2F000119312525325400%2F0001193125-25-325400-index.html&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=40&amp;md5=7090d40c701ada12deb3b6e871b0e065\">here<\/a>); December 18, 2025 for Steven S. Sintros (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2Fownership.html%2F000119312525325398%2F0001193125-25-325398-index.html&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=41&amp;md5=39c08e2dfc70826b75a238aa110976e1\">here<\/a>); December 18, 2025 for Cynthia Croatti (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2Fownership.html%2F000119312525325396%2F0001193125-25-325396-index.html&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=42&amp;md5=d2eb7c9bb413bce08b7b81b6cdb521d5\">here<\/a>); December 18, 2025 for Matthew Croatti (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2Fownership.html%2F000119312525325394%2F0001193125-25-325394-index.html&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=43&amp;md5=c3c4b7f00f3500ce55f47afd75b8db46\">here<\/a>); December 18, 2025 for Cecilia K. McKenney (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2Fownership.html%2F000119312525325392%2F0001193125-25-325392-index.html&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=44&amp;md5=2f27a7b710c44cab2985a7ea0b4dbe30\">here<\/a>); December 18, 2025 for Michael Iandoli (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2Fownership.html%2F000119312525325391%2F0001193125-25-325391-index.html&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=45&amp;md5=84c9ce8a3e5c7105c84de227b47b3dba\">here<\/a>); December 18, 2025 for Joseph M. Nowicki (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2Fownership.html%2F000119312525325390%2F0001193125-25-325390-index.html&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=46&amp;md5=f99fdba36ae3e2fa7915b1dd0790e691\">here<\/a>); December 18, 2025 and February 18, 2026 for David Martin Katz (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2Fownership.html%2F000119312525325389%2F0001193125-25-325389-index.html&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=47&amp;md5=e416bfef62d87c070a94bdd9a7a6f664\">here<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2Fownership.html%2F000119312526056419%2F0001193125-26-056419-index.html&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=48&amp;md5=054a8d630ad20b2a8727fce5bd5257b2\">here<\/a>, respectively); December 18, 2025 for Shane O\u2019Connor (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2Fownership.html%2F000119312525325387%2F0001193125-25-325387-index.html&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=49&amp;md5=2dc03c756df8ee3ba35355dbf2d59a08\">here<\/a>); December 18, 2025 and February 10, 2026 for William Masters Ross (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2Fownership.html%2F000119312525325386%2F0001193125-25-325386-index.html&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=50&amp;md5=d1d998d2a17fc13af69802a9b12f9c60\">here<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2Fownership.html%2F000119312526044463%2F0001193125-26-044463-index.html&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=51&amp;md5=8b7b754c9146cf5fbf8ffad15f092982\">here<\/a>, respectively); January 7, 2026 for David A. DiFillippo (available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2Fownership.html%2F000119312526006372%2F0001193125-26-006372-index.html&amp;esheet=54444687&amp;newsitemid=20260310478114&amp;lan=en-US&amp;anchor=here&amp;index=52&amp;md5=471a3229ba0062bbd9407ffe0b6097a4\">here<\/a>); and in other documents filed by UniFirst with the SEC. Free copies of the documents referenced in this paragraph may be obtained as described above under the heading \u201cImportant Information and Where to Find It.\u201d<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwpadl0 bwwidth25 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwwidth75\" rowspan=\"1\" colspan=\"1\" \/><\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0 bwwidth25\" colspan=\"2\" rowspan=\"1\">\n<p class=\"bwcellpmargin\"><sup>1<\/sup> Based on Cintas\u2019 closing share price on March 9, 2026<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\n\u00a0<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260310478114r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260310478114\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260310478114\/en\/<\/a><\/span><\/p>\n<p><i>Cintas:<br \/>\n<\/i><br \/>Investors:<br \/>\n<br \/>Scott Garula, Executive Vice President &amp; Chief Financial Officer \u2013 513-972-3867<br \/>\n<br \/>Jared S. Mattingley, Vice President &#8211; Treasurer &amp; Investor Relations \u2013 513-972-4195<\/p>\n<p>Media:<br \/>\n<br \/>Bryan Locke \/ Zachary Tramonti, FGS Global \u2013 <a rel=\"nofollow\" href=\"mailto:cintas@fgsglobal.com\">cintas@fgsglobal.com<br \/>\n<\/a><\/p>\n<p><i>UniFirst:<br \/>\n<\/i><br \/>Investors:<br \/>\n<br \/>Shane O\u2019Connor, Executive Vice President &amp; Chief Financial Officer \u2013 978-658-8888<\/p>\n<p>Media:<br \/>\n<br \/>Aura Reinhard \/ Joe Sala, Joele Frank, Wilkinson Brimmer Katcher \u2013 <a rel=\"nofollow\" href=\"mailto:unifirst-jf@joelefrank.com\">unifirst-jf@joelefrank.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Massachusetts Ohio United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Office Products Other Construction &amp; Property Commercial Building &amp; Real Estate Construction &amp; Property Other Manufacturing Retail Other Professional Services Chemicals\/Plastics Human Resources Building Systems Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260310478114\/en\/2744064\/3\/Cintas_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260310478114\/en\/2744065\/3\/unifirst-word-only-logo-2023.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Cintas to Acquire UniFirst in $5.5 Billion Transaction That Expands Service Capabilities, Enhances Workday Solutions and Advances Industry Innovation Transaction expected to deliver substantial benefits for customers, workers and employees across North America and enhance value for shareholders of both companies Estimated to generate approximately $375 million of operating cost synergies CINCINNATI &amp; WILMINGTON, Mass.&#8211;(BUSINESS WIRE)&#8211; Cintas Corporation (Nasdaq: CTAS) (\u201cCintas\u201d or the \u201cCompany\u201d) and UniFirst Corporation (NYSE: UNF) (\u201cUniFirst\u201d) today announced that they have entered into a definitive agreement under which Cintas will acquire UniFirst for $310.00 per share in cash and stock, representing an enterprise value of approximately $5.5 billion.1 This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260310478114\/en\/ The transaction brings together two family-founded companies &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cintas-to-acquire-unifirst-in-5-5-billion-transaction-that-expands-service-capabilities-enhances-workday-solutions-and-advances-industry-innovation\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cintas to Acquire UniFirst in $5.5 Billion Transaction That Expands Service Capabilities, Enhances Workday Solutions and Advances Industry Innovation&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-943464","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cintas to Acquire UniFirst in $5.5 Billion Transaction That Expands Service Capabilities, Enhances Workday Solutions and Advances Industry Innovation - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cintas-to-acquire-unifirst-in-5-5-billion-transaction-that-expands-service-capabilities-enhances-workday-solutions-and-advances-industry-innovation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cintas to Acquire UniFirst in $5.5 Billion Transaction That Expands Service Capabilities, Enhances Workday Solutions and Advances Industry Innovation - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cintas to Acquire UniFirst in $5.5 Billion Transaction That Expands Service Capabilities, Enhances Workday Solutions and Advances Industry Innovation Transaction expected to deliver substantial benefits for customers, workers and employees across North America and enhance value for shareholders of both companies Estimated to generate approximately $375 million of operating cost synergies CINCINNATI &amp; WILMINGTON, Mass.&#8211;(BUSINESS WIRE)&#8211; Cintas Corporation (Nasdaq: CTAS) (\u201cCintas\u201d or the \u201cCompany\u201d) and UniFirst Corporation (NYSE: UNF) (\u201cUniFirst\u201d) today announced that they have entered into a definitive agreement under which Cintas will acquire UniFirst for $310.00 per share in cash and stock, representing an enterprise value of approximately $5.5 billion.1 This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260310478114\/en\/ The transaction brings together two family-founded companies &hellip; Continue reading &quot;Cintas to Acquire UniFirst in $5.5 Billion Transaction That Expands Service Capabilities, Enhances Workday Solutions and Advances Industry Innovation&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cintas-to-acquire-unifirst-in-5-5-billion-transaction-that-expands-service-capabilities-enhances-workday-solutions-and-advances-industry-innovation\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-11T11:57:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260310478114r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"22 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cintas-to-acquire-unifirst-in-5-5-billion-transaction-that-expands-service-capabilities-enhances-workday-solutions-and-advances-industry-innovation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cintas-to-acquire-unifirst-in-5-5-billion-transaction-that-expands-service-capabilities-enhances-workday-solutions-and-advances-industry-innovation\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Cintas to Acquire UniFirst in $5.5 Billion Transaction That Expands Service Capabilities, Enhances Workday Solutions and Advances Industry Innovation\",\"datePublished\":\"2026-03-11T11:57:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cintas-to-acquire-unifirst-in-5-5-billion-transaction-that-expands-service-capabilities-enhances-workday-solutions-and-advances-industry-innovation\\\/\"},\"wordCount\":4344,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cintas-to-acquire-unifirst-in-5-5-billion-transaction-that-expands-service-capabilities-enhances-workday-solutions-and-advances-industry-innovation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260310478114r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cintas-to-acquire-unifirst-in-5-5-billion-transaction-that-expands-service-capabilities-enhances-workday-solutions-and-advances-industry-innovation\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cintas-to-acquire-unifirst-in-5-5-billion-transaction-that-expands-service-capabilities-enhances-workday-solutions-and-advances-industry-innovation\\\/\",\"name\":\"Cintas to Acquire UniFirst in $5.5 Billion Transaction That Expands Service Capabilities, Enhances Workday Solutions and Advances Industry Innovation - 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