09:32 AM EDT, 06/11/2025 (MT Newswires) -- K-Bro Linen ( KBRLF ) on Wednesday completed its previously announced acquisition of U.K.-based STAR Mayan for 107.2 million British pounds.

"Our focus now shifts towards execution of our integration plan with the goal of creating the leading national U.K. platform along with Fishers and Shortridge," said K-Bro Chief Executive Linda McCurdy.

The acquisition was funded by its previously closed bought deal financing and its new $134.3 million four-year amortizing term loan.

Shares of the company closed up 0.4% to $35.33 on Tuesday on the Toronto Stock Exchange.