Issue 12 – K-Bro Linen Inc. – Wash, Rise & Repeat the Dividend!

K-Bro Linen Inc. (TSX: KBL) is the largest provider of laundry and linen cleaning services in Canada. Founded in 1954 as Stork Diaper Service, the company has expanded its market to include healthcare, hospitality (hotels), and commercial operators. The Mississauga, ON based company operates facilities in metropolitan centers from Victoria to Quebec City. In November 2017, K-Bro entered the U.K. market (United Kingdom) with its acquisition of Fishers Topco Ltd., a leading laundry business with operations in Scotland and Northern England.

 

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By Charles Marleau CIM® and William Mitchell CIM®

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By Charles Marleau CIM® and William Mitchell CIM®

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