Mac-Gray Corp. has purchased the Ea...

Mac-Gray Corp. has purchased the Eastern United States operations of Web Service Co a privately avowed laundry facilities contractor headquartered in Redondo Beach, Calif. in a less degree than the terms of the agreement, Mac-Gray purchased Web Service's assets and laundry facility contracts located in 13 Eastern and Southeastern states and the District of Columbia, and Mac-Gray sold its equipment and contracts in several Western states to Web Service.
The transaction is awaited to generate approximately $29 million in unadulterated incremental annual revenue for Mac-Gray, the company reports.

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