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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