Elis announces the closing of the acquisition of Lavebras
23 Mai 2017 - 6:20PM
Saint Cloud, May
23, 2017 - Elis, a leading multi-services group in Europe and
Latin America, specializing in the rental and maintenance of
professional clothing, textile articles, hygiene and well-being
appliances, has closed the acquisition of Lavebras.
CADE (Conselho
Administrativo de Defesa Econômica), the Brazilian antitrust
authority, has cleared without any restriction the acquisition of
Lavebras by Atmosfera, Elis' Brazilian subsidiary.
Commenting on this announcement,
Xavier Martiré, CEO of Elis, said:
« The closing of the acquisition
of Lavebras is a very important step in Elis' development in Brazil
and in Latin America. This transaction will enable us to further
improve our performance in a country in which we continue to post
strong growth, as we demonstrated again in the first quarter of
2017. Brazil is one of our key markets, and we see other
opportunities for consolidation to strengthen our position. Our
local management will now focus on implementing the integration
plan for Lavebras that we have defined and we are delighted to be
able to count on the know-how of Lavebras' teams. »
In this transaction, Euro Latina
Finance acted as exclusive M&A advisor to Elis.
About
Elis
Elis is a specialized
multi-services group, a leader in Europe and Latin America for the
rental and maintenance of flat linen, professional clothing, as
well as hygiene appliance and well-being services. With more than
25,000 employees spread across 14 countries, Elis' consolidated
turnover in 2016 was €1,513 million and consolidated EBITDA reached
€468 million. Benefiting from more than a century of experience,
Elis today services hundreds of thousands of clients of all sizes
in the hotel, catering, healthcare, industry, retail and services
sectors, thanks to its network of more than 300 production and
distribution centers, which aims to ensure an unrivalled proximity
to its clients.
Contact
Nicolas Buron, Investor
Relations Director - Phone: +33 1 75 49 98 30 -
nicolas.buron@elis.com
Elis announces the closing of the
acquisition of Lavebras
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Elis via Globenewswire
Elis (EU:ELIS)
Graphique Historique de l'Action
De Mar 2024 à Avr 2024
Elis (EU:ELIS)
Graphique Historique de l'Action
De Avr 2023 à Avr 2024