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Elis

M&A Activity • Mar 4, 2022

1280_iss_2022-03-04_c639b1f2-dd51-4609-8a02-2a269e3c317f.pdf

M&A Activity

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Elis announces the acquisition of Golden Clean in Chile

Saint-Cloud, March 4, 2022 – Elis, an international multi-service provider, offering textile, hygiene, and facility services solutions, which is present in Europe and Latin America, today announces the acquisition of 100% of Golden Clean S.A. ("Golden Clean") in Chile.

Golden Clean operates 2 laundries in Santiago and in Antofagasta and serves clients in the Healthcare and Hospitality segments. The company delivered revenue of c. €6m in 2021. The acquisition will be consolidated from March 1, 2022.

With this transaction, Elis continues the consolidation of its footprint in 2 growing segments in the Chilean market.