Financial terms of the agreement for the operator of car wash sites under the Clean Freak and Rainstorm banners were not immediately available.
Founded in 2016, True Blue has 65 car washes in
True Blue's management, office and operations teams are expected to join
The deal is expected to close in the first half of 2023, subject to regulatory approvals and closing conditions.
This report by The Canadian Press was first published
Companies in this story: (TSX:ATD)
© 2022 The Canadian Press. All rights reserved., source