Elis Expands Its Horizons with OCL Acquisition in Ireland
Elis Pursues Strategic Growth Through Acquisition
Elis, recognized as a global leader in circular services, has recently announced an exciting development in its growth strategy. The company has signed an agreement to acquire OCL Laundry Services Limited, a prominent player in the industrial laundry sector. This move is part of Elis's commitment to expand its operations and enhance its service offerings in the hospitality industry.
About OCL and Its Role in Hospitality
OCL Laundry Services operates an industrial laundry in Ballinrobe, where it proudly serves various hospitality clients. With a workforce of approximately 170 employees, OCL has reported a revenue of around 17 million euros in the recent fiscal year. This acquisition will allow Elis to leverage OCL’s existing infrastructure and customer relationships to improve service delivery and operational efficiency.
Strengthening Elis's Commitment to Circular Services
Through this acquisition, Elis continues to highlight its dedication to providing innovative solutions in the rental-maintenance sector. The company's unique business model, bolstered by advanced traceability technologies, allows it to address critical customer needs, including protection, hygiene, and overall well-being. By incorporating OCL into its portfolio, Elis is set to bring additional value and enhanced services to its clients.
Sustainability at the Core of Elis's Mission
Elis prides itself on implementing practices that not only meet customer demands but also contribute significantly to environmental objectives. As the leader in circular services across 31 countries, the company is dedicated to fostering sustainable development. This acquisition is expected to generate long-term value for stakeholders while promoting eco-friendly practices in laundry services.
Future Outlook and Objectives
Looking ahead, Elis aims to integrate OCL's operations seamlessly while enhancing its service offerings in Ireland. The acquisition signifies a strategic milestone as the company navigates through its ambitious growth trajectory. With established operational know-how and a solid growth profile, Elis remains on a path of continuous improvement and innovation.
Contact Information
For more information or inquiries related to this acquisition, please reach out to:
Nicolas Buron
Director of Investor Relations, Financing and Treasury
Phone: +33 (0)1 75 49 98 30
Email: nicolas.buron@elis.com
Charline Lefaucheux
Head of Investor Relations
Phone: +33 (0)1 75 49 98 15
Email: charline.lefaucheux@elis.com
Frequently Asked Questions
What is the significance of Elis acquiring OCL?
This acquisition strengthens Elis's presence in Ireland and enhances its service delivery within the hospitality sector.
How does OCL contribute to Elis's business?
OCL provides operational resources and an established customer base that Elis can utilize to improve service efficiency and quality.
What are the benefits of Elis's circular service model?
Elis focuses on sustainability, combining rental and maintenance services with advanced technology to meet customer needs while promoting environmental goals.
Who can be contacted for more information regarding the acquisition?
Nicolas Buron and Charline Lefaucheux are available for inquiries related to the acquisition.
What future plans does Elis have following the acquisition?
Elis aims to integrate OCL into its operations and further enhance its offerings in the laundry service sector while continuing to drive sustainable practices.
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