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Elis strengthens its network through the acquisition of Adrett in Germany
Globenewswire· 2025-12-23 06:00
Core Insights - Elis has announced the acquisition of 100% of Adrett Textilservice GmbH, a laundry service provider in Germany, which will enhance its operational network in the region [2][3] - The acquisition is expected to generate approximately €12 million in revenue for Elis in 2025, with consolidation into Elis' financials starting January 1, 2026 [3] Company Overview - Elis is recognized as a global leader in circular services, utilizing a rental-maintenance model supported by traceability technologies to meet customer needs in protection, hygiene, and well-being [4] - The company operates in 31 countries and focuses on creating sustainable value for shareholders, customers, employees, and the environment through innovative practices and profitable organic growth [4] Operational Details - Adrett operates a modern laundry facility located in Schuby, northern Germany, and primarily serves the hospitality sector, which is experiencing dynamic growth in the region [2] - The management team of Adrett will remain in place post-acquisition to ensure continued local business development [3]
Elis continues to expand its network with the acquisition of Muller in France
Globenewswire· 2025-12-03 07:30
Core Insights - Elis has acquired 100% of Groupe JP Muller, enhancing its network in France [2] - The acquisition is expected to generate annual revenue of approximately 7 million euros, contributing to Elis's financial performance starting December 1, 2025 [3] Company Overview - Elis is a global leader in circular services, utilizing a rental-maintenance model optimized by traceability technologies [4] - The company operates in 31 countries, focusing on protection, hygiene, and well-being while supporting customers in achieving environmental objectives [4] - Elis aims to create sustainable value for shareholders, customers, employees, and the environment through its unique operational know-how and profitable organic growth profile [4]
Elis announces the acquisition of Larosé in Germany
Globenewswire· 2025-10-31 06:00
Core Insights - Elis has announced the acquisition of 100% of Larosé GmbH and Mitteldeutsche Wäscherei GmbH, enhancing its presence in Germany, particularly in Berlin where it previously had no operations [2][3] Group 1: Acquisition Details - The acquisition includes two laundries located in Schönebeck and Berlin, primarily serving healthcare clients with a range of rental and laundry services [2] - Larosé employs approximately 145 people and generated around 13 million euros in revenue in 2024 [2][3] - The financial results of Larosé will be consolidated into Elis's financial statements starting from November 1, 2025 [3] Group 2: Strategic Importance - This acquisition strengthens Elis's network in Germany, allowing for expanded service offerings in a key market [3] - The move aligns with Elis's strategy of enhancing its operational capabilities and market reach in the circular services sector [4]
Elis announces the acquisition of Bugadería Neutral in Spain
Globenewswire· 2025-06-03 06:00
Core Points - Elis has announced the acquisition of 100% of Bugadería Neutral, a laundry service company located in Catalonia, Spain, primarily serving hospitality customers [2][3] - Bugadería Neutral generated approximately €12 million in revenue in 2024, and the acquisition will be consolidated into Elis's financial statements starting June 1, 2025 [3] Company Overview - Elis is a global leader in circular services, utilizing a rental-maintenance model enhanced by traceability technologies to meet customer needs in protection, hygiene, and well-being [4] - The company operates in 31 countries and focuses on creating sustainable value for shareholders, customers, employees, and the environment through its unique operational expertise and profitable organic growth profile [4]