About Us
Our Parent Company - Cintas Corporation
Cintas Corporation is a NASDAQ-100 listed U.S. based corporation with worldwide operations. It has over 30,000 employees working in 12 different countries throughout the world.
For the year ended 31 May 2010, consolidated revenues were $3.5bn, profit before tax was $344m. As at 31 May 2010, the Group had cash and short term liquid assets totalling $566m, and net assets of $2.5bn.
Cintas Corporation is regularly listed in the top ten of Fortune magazine’s ‘America’s Most Admired Companies’, and as one of the ’50 Best Employers in Canada’ listed by Report on Business Magazine.
The business was established in 1968 and the company listed in 1983. It classifies its business into four operating segments:
- Document Management Services
- Rental Uniforms and Ancillary Products
- Uniform Direct Sales
- First Aid, Safety and Fire Protection services
Document Management Services (document storage, document imaging and document destruction) is the fastest growing of the four operating segments into which Cintas classifies its business.
Squirrel Storage, Preview Services and Keymorr Imaging Services Acquisitions – Part of Cintas’s Global Strategy
Cintas is pursuing a growth strategy of acquiring businesses operating in this segment, in new geographical areas, in order to broaden the customer base and increase profitability.
The acquisition of the Document Management business and assets of Squirrel Storage Ltd and the imaging business of Preview Services and Keymorr Imaging Services provides a platform for further acquisitions and the long term expansion of the Document Management Services business throughout the UK and Europe.
As this acquisition history demonstrates, the UK businesses of Cintas are undergoing an exciting period of growth and other improvements are being made to the corporate structure which will introduce additional skills, expertise and strengthen our corporate structure and the development of a ‘go to market’ strategy aimed at increasing market share in the UK Document Management business as an integrated solutions provider to the UK market, able to deliver integrated Imaging, Hard Copy Storage and Secure Destruction solutions.
Our US parent company is committed to the long term investment in the UK document management business, by the provision of sustained funding in new equipment and technology and also through the sharing of skills, best practice and expertise from the US business which will enable our organisation to grow and develop to become the UK’s market leader in document management solutions.