Quintex absorbs Mat Master in family-friendly transaction
Two longtime competitors in Winnipeg’s industrial laundry sector have come together after making a deal neither company had to go to the mat for. Quintex Services Ltd., a family-owned business […]
Two longtime industrial laundry competitors in Winnipeg, Quintex Services Ltd. and Mat Master, have formed a family-friendly partnership after a recent transaction. Quintex, a family-owned business founded in 1911 by English immigrant Alex Quinton, acquired Mat Master, a mat and linen supplier serving Manitoba for over 40 years.
The financial terms of the deal, closed at the end of July, were not disclosed. Quintex owner David Quinton expressed admiration for Mat Master's family-owned status, noting the seamless transition and shared values. Mat Master founder Tyson Schwartz echoed this sentiment, emphasizing his trust in Quintex to maintain customer relationships and support his employees.
The transition, which began on August 1, will see 90% of Mat Master's employees (around 35 people) join Quintex. Both companies, now combined, aim to enhance their offerings and continue serving Manitoba's industrial sector while maintaining strong community ties.
Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
