Together, the companies will have combined sales in excess of $15 million per year, employ 300 workers and serve more than 150,000 customers. In a statement issued on 1 December 2010, the companies said the equity partnership would allow them to become more efficient and capitalise on growth opportunities. Both companies will continue to operate under existing brands whilst sharing management and operational responsibilities.
The owners of Zoots and Tweeds have prior experience managing the Zoots brand. “Zoots continues to solidify its market leading position in Massachusetts as the premier provider of high-quality, convenient drycleaning services and the company is pleased to form a partnership with a family-owned business that boasts more than 75 years combined industry experience,” said Trish O’Leary and Rick Simoneau, managing directors of Zoots. “This partnership will ensure the delivery of even greater service to our customers.”
