Elis acquires Ardenne et Meuse in Belgium

Elis acquires Ardenne et Meuse in Belgium

Elis, specialising in the rental and maintenance of professional clothing and textile articles, recently acquired Ardenne et Meuse (A&M) in Belgium. With this transaction, Elis enters the flat linen market in Belgium, where it previously only operated in the workwear and hygiene & well-being segments.

A&M is a family business that operates one laundry near Liège. It generated revenues of roughly 8 million euros in 2017, entirely in the flat linen market for hospitality clients. The creation of this Belgian platform for flat linen will also enable Elis to reallocate volumes between Northern France, Belgium, Luxembourg and the North-West of Germany.