Divestiture Of Company Assets
At the beginning of the divestiture process, Angelica Corporation was a leading provider of textile rental and linen management services to the U.S. healthcare market. The organization provided laundry and linen management services to hospitals, long term care facilities, and out-patient medical practices from 23 service centers across the nation. Prior to the divestitures, the Company managed more than 300 million pounds of healthcare linen for 1,000+ customers across 35 states.
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