1. Elis acquires OCL Laundry Services Limited in Ireland. 2. OCL employs 170 and generated €17 million in revenue in 2024. 3. The acquisition strengthens Elis' circular services market presence. 4. Transaction closing is subject to regulatory conditions.
This acquisition boosts Elis' operational capacity and regional market share, potentially increasing earnings. Historical acquisitions in similar sectors have led to revenue growth for comparable firms.
This acquisition is a strategic move, likely to significantly enhance Elis' market share and profitability, indicative of strong future growth potential for PARIS:ELIS.
The integration of OCL will enhance Elis’ growth strategy, with synergies expected to develop over time. Past acquisitions typically show benefits manifesting over two to three years.
Saint-Cloud, August 7, 2025 – Elis, the global leader in circular services at work, today announces the signature of an agreement to acquire 100% of O.C.L. Laundry Services Limited (OCL) in Ireland. The closing of the transaction is subject to standard regulatory conditions. OCL operates an industrial laundry in Ballinrobe (Co. Mayo) in the Western part of the country, and services Hospitality customers. The company currently employs 170 people and delivered revenue of c. 17 million euros in 2024.
About Elis
As the leader in circular services, thanks to a rental-maintenance model optimized by traceability technologies, Elis innovates every day. In its 31 countries, Elis meets the needs of its customers in terms of protection, hygiene, and well-being, while assisting them in achieving their environmental objectives. With unique operational know-how and a profitable organic growth profile, Elis creates sustainable value for its shareholders, customers, employees, and the environment.
Contacts
Nicolas Buron
Director of Investor Relations, Financing and Treasury
Phone: + 33 (0)1 75 49 98 30 - nicolas.buron@elis.com
Charline Lefaucheux
Investor Relations
Phone: + 33 (0)1 75 49 98 15 – charline.lefaucheux@elis.com
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