Add-on Acquisition • Apparel/Textiles

Elis Acquires Curantex & Co. KG

On December 14, 2018, Elis acquired apparel/textiles company Curantex & Co. KG

Acquisition Context

This is Elis’ 2nd transaction in the Apparel/Textiles sector.
This is Elis’ 3rd transaction in Germany.

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M&A Deal Summary
Date	December 14, 2018
Target	Curantex & Co. KG
Sector	Apparel/Textiles
Buyer(s)	Elis
Deal Type	Add-on Acquisition

Target Company

Curantex & Co. KG

Erkelenz, Germany

Curantex GmbH & Co. KG engages In the field of full textile supply and the associated service, customer confidence in the reliability and performance of its service provider is the prerequisite for good cooperation. Our goal is to achieve the highest level of efficiency and service with the help of state-of-the-art working methods, operational quality assurance, and optimized logistics.

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Buyer Overview 1

Buyer

Elis

Saint-Cloud, France

Category	Company
Founded	1883
Sector	Consumer Services
Employees	56,757
Revenue	4.6B EUR (2024)

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 Context for Buyer	#
Overall	21 of 40
Sector: Apparel/Textiles	2 of 4
Type: Add-on Acquisition	20 of 39
Country: Germany	3 of 7
Year: 2018	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2017-09-12	Berendsen London, United Kingdom Berendsen plc, through its subsidiaries, sources, cleans, and maintains textiles in Europe. It provides cleanroom services to high-tech companies, universities and research facilities, pharmaceutical and medical device companies, and food businesses; and infection control and linen management services related to blankets, mattress pads, bed linen, and patient gowns for public and private healthcare sector.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2017-09-12

Berendsen

London, United Kingdom

Berendsen plc, through its subsidiaries, sources, cleans, and maintains textiles in Europe. It provides cleanroom services to high-tech companies, universities and research facilities, pharmaceutical and medical device companies, and food businesses; and infection control and linen management services related to blankets, mattress pads, bed linen, and patient gowns for public and private healthcare sector.

Buy

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2019-01-04	A-vask A/S Taastrup, Denmark A-vask A/S is a family business that operates two multi-service plants in Aabenraa (Southern Denmark) and Taastrup (Copenhagen area), serving customers in Hospitality and the public sector.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2019-01-04

A-vask A/S

Taastrup, Denmark

A-vask A/S is a family business that operates two multi-service plants in Aabenraa (Southern Denmark) and Taastrup (Copenhagen area), serving customers in Hospitality and the public sector.

Buy

Explore Related M&A Activity

Apparel/Textiles M&A - Add-on Acquisition M&A Deals - Germany M&A - 2018 M&A