Mark Thrasher, president of Lavatec Laundry Technology Inc (LLT), announced at the Clean Show that he has increased his share in the German parent company Lavatec Laundry Technology GmbH to 49%.
Thrasher, who became president of USA and North American operations in July, added that the move strengthens his partnership with CEO and managing partner Wolf-Peter Graeser and broadens his involvement as co-manager in global operations.
It also reflects both parties’ confidence and commitment to further asserting the leadership of Lavatec Laundry Technology in the industrial and commercial laundry marketplace.