Elis Acquires German Laundry Adrett for 12 Million Euros
Elis, a circular services group, announces the acquisition of 100% of Adrett Textilservice GmbH, a laundry located in northern Germany. The transaction will be consolidated in the accounts starting January 1, 2026.
According to the press release, Adrett has a modern facility in Schuby, northern Germany, near the Danish border. The company offers flat linen rental-maintenance services, primarily serving the hospitality industry. The group notes that this market is particularly dynamic in Germany. This new acquisition will strengthen Elis's existing network in the region, the company specifies.
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The group reports that Adrett currently employs about 140 people. The management team will remain in place to continue local business development, the release states. This managerial continuity aims to ensure a smooth transition and ongoing operations without disruption. The group does not provide further details on the financial terms of the transaction or the expected synergies.
Financial Impact and Strategic Integration
According to the company, Adrett's revenue is estimated at about 12 million euros for the year 2025. This amount will be consolidated into Elis's overall revenue starting January 1, 2026, the press release specifies. This operation is part of the group's strategy of targeted acquisitions, currently operating in 31 countries through its rental-maintenance model. Elis does not comment on other upcoming acquisition projects in the region.
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.
