Monarch Robe & Towel Company Acquires Top Competitor, Cypress Luxury Bath & Bed
Two leaders in the hotel bathrobe and linen industry are merging to form powerhouse company.
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"We are elated about this acquisition, which brings together two giants of the hotel towel and linen industry," said Karen Faul. "The total synergy of this acquisition is very exciting, and it will pay dividends for both companies, as well as our respective customer bases. We will begin servicing all Cypress accounts immediately, and we expect a very smooth transition of the Cypress brand and operations into the Monarch family."
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- Companies:
- Monarch Robe & Towel
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