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Aramark announced that they will be spinning off their uniform division from its main Food Services business. (1)
Aramark Uniforms will be absorbing debt from its parent company.(1)
Aramark already faces risks associated with its indebtedness that can prevent them from meeting their obligations. (2)
Aramark warns that the continued or further unionization of their 42,000 unionized employees could have adverse effects on their costs and work stoppages could damage their business.

Risks You May Have:

Service
disruptions

Contract
changes

Price
inflation

Compromises to image and quality

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The above is based on public statements made available by Aramark. We are not responsible for the accuracy of these statements. Aramark is the trademark of its owners and has no affiliation with us.
  1. Press release dated May 10, 2022.
  2. Aramark 2021 annual report, Page 21, states that due to its indebtedness, Aramark risks their ability to “raise additional capital to fund our operations, limit our ability to react to changes in the economy or our industries, expose us to interest rate risk to the extent of our variable rate debt and prevent us from meeting our obligations.”
  3. Aramark 2021 annual report, Page 17.