Aramark reveals name of Uniform Services spinoff business
Emma Dooling – Reporter, Philadelphia Business Journal
Philadelphia-based Aramark has revealed the name of the spinoff company for its multibillion-dollar Uniform Services business as the transaction nears completion.
Vestis, which currently operates as Aramark Uniform Services, is expected to fully separate from Aramark (NYSE: ARMK) at the end of the food service company’s fiscal year 2023 in October. The spinoff, announced in May 2022, will make Vestis its own publicly traded company.