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M&A Deal Summary

Elis Acquires CTL

On November 2, 2023, Elis acquired consumer products company CTL

Acquisition Highlights
  • This is Elis’ 1st transaction in the Consumer Products sector.
  • This is Elis’ 4th transaction in Spain.

M&A Deal Summary
Date 2023-11-02
Target CTL
Sector Consumer Products
Buyer(s) Elis
Deal Type Add-on Acquisition

Target

CTL

Valencia, Spain
CTL is a pest control company that offers a range of pest control services (rodents, crawling, and flying insects) as well as disinfection services to both public and private clients. CTL is based in Valencia, Spain.

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Buyer(S) 1

Buyer

Elis

Saint-Cloud, France
Category Company
Founded 1883
Sector Apparel/Textiles
Employees54,892
Revenue 4.3B EUR (2023)
DESCRIPTION

Elis is a provider of rental and cleaning of textile hygiene services. Elis was founded in 1883 and is based in Saint-Cloud, France.

DEAL STATS #
Overall 31 of 36
Sector (Consumer Products) 1 of 2
Type (Add-on Acquisition) 30 of 35
Country (Spain) 4 of 5
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-02 Centralvaskeriet

Denmark

Centralvaskeriet operates laundry services and also offers flat linen rental-cleaning services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-10 Moderna Textielservice

Hardenberg, Netherlands

Moderna Textielservice is a nationally operating, professional family business that offers a total package of services in the field of linen, work clothing , entrance mats and sanitary hygiene, entrance mats, safety shoes and PPE items. Services include the sale, rental and cleaning of textiles, mats and towel rolls, dry cleaning service, insert service and clothing repair. Moderna Textielservice is based in Hardenberg, Netherlands.

Buy -
Mergr

Product

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