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Elis M&A Activity 2021

Mar 10, 2021

1280_iss_2021-03-10_ef8338d5-16b7-4bb3-8657-5e7b3cb624c8.pdf

M&A Activity

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Press release

Elis announces the acquisition of Scaldis

Saint-Cloud, March 10, 2021 – 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 Scaldis, one of the European leaders in the Cleanroom market (workwear for clients with specific needs: medical-pharmaceutical, microelectronic, aerospace). This acquisition will be consolidated from March 1st, 2021.

Scaldis operates 2 sites: the main site in Péruwelz in Belgium and a secondary site near Lyon in France. Two-thirds of the activity is dedicated to Cleanroom, the remaining third being essentially traditional workwear rental and cleaning.

Scaldis' 2020 revenue was c. €10m.

This acquisition enables Elis to strengthen its footprint in the fast-growing and profitable Cleanroom market.

Contact

Nicolas Buron, Investor Relations Director - Phone: +33 1 75 49 98 30 - [email protected]