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Elis announces the acquisition of 3 laundries in Brazil

Elis
·1-min read

Elis announces the acquisition of 3 laundries in Brazil

Saint-Cloud, November 2, 2020 - Elis, an international multi-service provider, offering textile, hygiene and facility services solutions that is present in Europe and Latin America, today announces the acquisition of 100% of Clinilaves and ASPH (« Clinilaves ») in Brazil. This acquisition will be consolidated from November 1st onwards.

Clinilaves operates 2 sites (plus one currently under construction) near Sao Paulo and Joinville (Santa Catarina state). The activity is dedicated to rental-cleaning Flat linen for mostly private clients operating in the Healthcare segment.

Clinilaves generated revenues of c. BRL50mn in 2019.

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This acquisition will strengthen Elis’ position in the Healthcare sector in Brazil and will contribute to its profitable growth in the country.

Contact

Nicolas Buron - Investor Relations Director - Phone: +33 1 75 49 98 30 - nicolas.buron@elis.com

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