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Announced

Completed

Elis acquired Berendsen for $2.05bn

Financials

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Transaction Value£2,606m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales2.3x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Textile Rental / Washroom Services

laundry services

United Kingdom

Public

Scheme

Completed

Friendly

Single Bidder

Synopsis

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Elis SA announced the completion of the acquisition of Berendsen plc, a focused European textile, hygiene and safety solution company. With this transaction, Elis is enhancing its unique position as a multi-service provider in the rental, laundry and maintenance of flat linen, workwear and hygiene and well-being appliances. This transaction will allow the combined group to become a pan-European leader in the provision of textile, hygiene and facility solutions.

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