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Elis announces the acquisition of Haber group in Germany
12 Mar '20
1 min read
Pic: Elis
Elis, an international multi-service provider, offering textile, hygiene and facility services solutions across Europe and Latin America, has announced that it is continuing its expansion strategy in its key markets with signing an agreement to acquire 100 per cent of Haber. Haber is a family business that operates in the Western part of Germany.
Elis's activity, in Germany and Luxembourg, is dedicated to rental-cleaning flat linen and workwear for clients operating mainly in Healthcare and laundry services for nursing home residents.
The group generated revenues of €20 million in 2019.
"The acquisition of the Haber group enables Elis to reinforce its position in the Healthcare market in Germany and to offer nationwide services in a market that still includes a large number of small players. The historical shareholders will remain in place, which will facilitate an efficient integration of the company," Xavier Martiré, CEO of Elis, said in a press release.
Fibre2Fashion News Desk (JL)
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