UniFirst Corporation confirms receipt of Cintas proposal

UniFirst Corporation (NYSE: UNF) confirmed it received an unsolicited, non-binding acquisition proposal from Cintas Corporation (NASDAQ: CTAS) on December 12, 2025. The proposal offers $275.00 per share in cash for all outstanding UniFirst common and Class B shares.

The UniFirst board of directors has engaged independent financial and legal advisors to review the proposal. The company stated the board is evaluating the offer to determine what course of action would be in the best interests of the company, shareholders and other stakeholders.

UniFirst indicated it will not comment further on the proposal until the board completes its review. The company advised shareholders that no action is required at this time.

Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are serving as financial advisors to UniFirst, while Paul Hastings LLP is acting as legal advisor and Joele Frank, Wilkinson Brimmer Katcher is providing strategic communications counsel.

UniFirst, headquartered in Wilmington, Massachusetts, provides uniform and workwear programs, facility service products, and safety supplies. The company operates more than 270 service locations and serves over 300,000 customer locations, outfitting more than 2 million workers daily.

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