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.
Staff and Management Continuity
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
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 industriels et support B2B›Services aux entreprises B2B (locations textiles)
Free · every morning · before 9am
Never miss a move on your stocks
The trend behind the prices · Euronext
✓ You're in! Check your spam folder.
An error occurred.
Context
Period
Period: 9M 2026
Key reported figures
Revenue: 3 781 millions d'euros
Quarterly revenue: 3 781 millions d'euros
Revenue growth: 5,3 %
Guidance from the release
« The Group's strong third-quarter performance enables us to confirm our financial objectives for 2026. »
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.
