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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]