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Elis continues its growth strategy in Spain with the acquisition of Lloguer Textil

Date : 29/01/2019 @ 18h53
Source : GlobeNewswire
Valeur : Elis. (ELIS)
Cours : 16.43  0.0 (0.00%) @ 08h45
Elis Cours Graphique

Elis continues its growth strategy in Spain with the acquisition of Lloguer Textil

 Elis continues its growth strategy in Spain
with the acquisition of
Lloguer Textil

Saint-Cloud, January 29, 2019 - Elis, an international multi-service provider, offering textile, hygiene and facility services solutions across Europe and Latin America, is continuing its expansion strategy in its key markets and announces the closing of the acquisition of 100% of Lloguer Textil Maresme, S.L (Lloguer Textil) in Spain.

Lloguer Textil is a family business that operates a plant dedicated to Flat linen in Mataro, in the Northern area of Barcelona.

The group generated revenues of c. 3 million euros in 2018.

Commenting on this announcement, Xavier Martiré, CEO of Elis, declared:

"The acquisition of Lloguer Textil enables Elis to further expand its client portfolio in Hospitality/Restaurants in the Barcelona area. The Plant Manager will remain in place and will contribute to the company's integration within our Group."

Contact

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

Audrey Bourgeois
Investor Relations - Phone: +33 1 75 49 96 25 - audrey.bourgeois@elis.com

Elis is growing in Spain with the acquisition of Lloguer Textil



This announcement is distributed by West Corporation on behalf of West Corporation 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

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