Elis continues the consolidation of its network with the acquisition of Ernst in Germany

    Elis continues the consolidation of its network with the acquisition of Ernst in Germany

Elis continues the consolidation of its network with the acquisition of Ernst in Germany

Saint-Cloud, 19 December 2024 – Elis, the global leader in circular services at work, today announces the acquisition of 100% of Wäscherei Ernst Gmbh (« Ernst ») in Germany.

With its two laundries located in Erbach, in the Baden-Württemberg region, Ernst services the entire Southern region of Germany as well as Northwest Austria. The Group, which delivered c. €17 million revenue in 2023, offers rental-maintenance services in Flat linen primarily for Hospitality and Healthcare customers.

Ernst currently employs c.120 people; its management team will remain in place and will continue to grow the business. This new acquisition strengthens the Elis network in Germany, notably in Hospitality, a particularly dynamic market in the country. The acquisition will be consolidated in the Financial Statements from January 1, 2025

About Elis

As the leader in circular services, thanks to a rental-maintenance model optimized by traceability technologies, Elis innovates every day. In its 30 countries, Elis meets the needs of its customers in terms of protection, hygiene, and well-being, while assisting them in achieving their environmental objectives. With unique operational know-how and a profitable organic growth profile, Elis creates sustainable value for its shareholders, customers, employees, and the environment.

https://fr.elis.com/en

Contacts

Nicolas Buron
Director of Investor Relations, Financing & Treasury
Phone: + 33 (0)1 75 49 98 30 - [e-mail]

Charline Lefaucheux
Investor Relations
Phone: + 33 (0)1 75 49 98 15 - [e-mail]

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• Elis continues the consolidation of its network with the acquisition of Ernst in Germany