National Carwash Solutions Acquires Panaram International Trading Co. (USA Towel)

October 14, 2023

National Carwash Solutions (NCS) has acquired Panaram International Trading Co., which does business as USA Towel (USAtowl / formerly Carwashworld). The deal brings USA Towel’s towels, customized laundry products and Continental E-Series ExpressWash washer-extractors into NCS’s portfolio to expand its bundled product and service offering for carwash owners and operators across North America.

Buyers
National Carwash Solutions
Targets
Panaram International Trading Co., DBA USA Towel (USAtowl)
Industry
Manufacturing
Location
New Jersey, United States
Transaction Type
Buyout

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