Elis Strengthens Its Position by Acquiring Wäscherei Bodensee
Elis has made a strategic move within the laundry service sector with its recent acquisition of Wäscherei Bodensee.
The announcement reveals that Elis, a global leader in circular services at work, has successfully acquired 100% ownership of Wäscherei Bodensee AG, a distinguished laundry service provider in Switzerland.
Wäscherei Bodensee operates two laundries in the central and eastern regions of the country, specializing in rental-maintenance services primarily for Healthcare facilities like hospitals and nursing homes, as well as for the Hospitality sector. This acquisition not only adds significant value but also strengthens Elis's capacity to meet the diverse needs of its extensive client base.
With a workforce of around 220 dedicated employees, the existing management team at Wäscherei Bodensee will remain intact, continuing to steer and develop the business moving forward. This transition is expected to bolster morale and maintain the quality of service that customers recognize.
In the fiscal year prior to the acquisition, Wäscherei Bodensee reported a revenue of approximately €27 million. The integration of this company into Elis’s operations will be reflected in their financial statements from January 1, 2025. This fiscal strategy illustrates Elis's commitment to enhancing its financial health and expanding its footprint in the laundry services market.
By acquiring Wäscherei Bodensee, Elis is poised to reinforce its network across Switzerland and amplify its customer offerings within the Healthcare sector, particularly amidst the growing demand for high-quality laundry services.
About Elis
Elis has paved the way in circular services through an innovative rental-maintenance model, supported by state-of-the-art traceability technologies. Operating in 30 countries, Elis ensures that customer needs related to protection, hygiene, and well-being are met while helping them achieve their sustainability goals. The company's ability to deliver unique operational expertise and maintain a profitable organic growth profile allows Elis to foster sustainable value for shareholders, customers, and employees alike.
Contact Information
For further inquiries, you can reach:
Nicolas Buron
Director of Investor Relations, Financing & Treasury
Phone: + 33 (0)1 75 49 98 30
Email: nicolas.buron@elis.com
Charline Lefaucheux
Investor Relations
Phone: + 33 (0)1 75 49 98 15
Email: charline.lefaucheux@elis.com
Frequently Asked Questions
What services does Wäscherei Bodensee provide?
Wäscherei Bodensee offers rental-maintenance services for flat linen, particularly serving Healthcare facilities and Hospitality businesses.
How many employees does Wäscherei Bodensee have?
The company employs around 220 individuals, all of whom will remain after the acquisition.
When will the acquisition be reflected in financial statements?
The acquisition will be consolidated into Elis's financial statements starting January 1, 2025.
What does this acquisition mean for Elis?
This acquisition will enhance Elis's network in Switzerland and expand its portfolio in the Healthcare sector, fostering growth and innovation.
How does Elis operate internationally?
Elis operates in 30 countries, delivering circular services through a rental-maintenance model and leveraging advanced traceability technologies to meet environmental goals.
