Johnson Service Group PLC (AIM:JSG) acquired Fresh Linen Holdings Limited for £12.5 million on November 30, 2019. As part of the acquisition, Johnson Service acquired Fresh Linen Holdings Limited together with its trading subsidiary Fresh Linen Limited for a cash consideration of £12.5 million on a debt free, cash free basis and subject to an adjustment for normalized working capital. The consideration includes the freehold site. Fresh generated revenue of £16.7 million and profit before taxation of £1.1 million for the year ended 30 June 2019. Reported net assets at 30 June 2019 were £4.3 million, including a freehold site with a net book value of £1.7 million. Johnson Service Group PLC (AIM:JSG) completed the acquisition of Fresh Linen Holdings Limited on November 30, 2019.