News from the CZECH REPUBLIC – Elis Expands!

International multi-service provider Elis – offering textile, hygiene and facility services solutions across Europe and Latin America – is maintaining its expansion strategy in its key markets with the closing of the 100% acquisition of Textil Washing Company in the Czech Republic.

This Czech company is a family-owned business that is located in Kralovice, whose activity is exclusively aimed at rental cleaning of flat linen for clients mostly operating in the hospitality industry. The group generated revenues of approximately 4.5million Euros in 2018.

Xavier Martiré, CEO of Elis stated: “The acquisition of Textil Washing Company enables our company to reinforce its position in the flat linen segment in the Czech Republic, a country which also offers strong outsourcing potential in workwear. The plant director will remain in place, which will facilitate an efficient integration of the company.”