Elis Acquires German Company Adrett to Strengthen Its Network in Northern Germany
French group Elis announces the acquisition of the entire share capital of Adrett Textilservice, a laundry service located in northern Germany. This move aims to consolidate the territorial network of the specialist in rental and maintenance services for professional textiles.
According to the press release, Adrett features a modern laundry facility located in Schuby, northern Germany, near the Danish border. The company offers flat linen rental and maintenance services, primarily catering to clients from the hospitality sector. Elis Group states that this market is particularly dynamic in Germany. The acquisition is intended to strengthen Elis's existing network in this geographical area. The acquired company currently employs about 140 people.
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The press release states that Adrett's management team will remain in place to continue the local development of the business. This managerial continuity is expected to facilitate the transition and maintain the established commercial relationships with the existing clientele. The operation is part of the strategy to strengthen the territorial mesh of the group in its countries of operation.
Financial Projections and Integration
Adrett's revenue is estimated at around 12 million euros by 2025, according to the group. This activity will be consolidated in Elis's accounts starting January 1, 2026. The acquisition occurs in a context where Elis, present in 31 countries, continues its development in the European market for rental and maintenance services of professional textiles and equipment. The group has not disclosed specific financial targets related to this operation for the coming years.
SectorServices aux entreprises›Fournisseurs industriels
Context
Period
Period: 1T2026
Key reported figures
Revenue: 1180.5M€
Guidance from the release
Elis enregistre un début d’année 2026 solide, en ligne avec nos attentes.
Chiffre d’affaires du 1er trimestre en croissance de +4,3%.
Risks mentioned
Pas d’impact significatif du contexte géopolitique sur l’activité.
Baisse temporaire de la fréquentation hôtelière au début du conflit en mars.
Opportunities identified
Augmentation marquée du nombre de signatures de nouveaux contrats.
Croissance organique proche de 10% en Amérique latine.
Pipeline d’acquisitions prometteur pour le reste de l’année.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
