RIPON, Wis. — Alliance Laundry Systems has finalized its purchase of substantially all of Laundry Systems Group NV's (LSG) Commercial Laundry Division for approximately 59 million Euros (approximately $74 million).
The division markets commercial washer-extractors, tumbler dryers and flatwork ironers worldwide under the IPSO and Cissell brand names, and has manufacturing facilities and sales offices in the United States and Belgium.