Cleaning & Maintenance Management Online

Swisher Hygiene makes acquisition in Chicago

September 9, 2011

CHARLOTTE, NC — Swisher Hygiene Inc. has acquired Evergreen Hygiene Company, a Chicago-based franchisee, according to a press release.

The principals of Evergreen, Andy and Eric Neville, will join Swisher and help the company expand in the Chicago area, the release stated.

According to the release, Evergreen was one of Swisher''s last franchisees.

The deal is worth $840,000 in cash, and it includes a note that can be converted into about 313,000 shares of Swisher common stock, the release noted.

Click here to read the complete release.