M&A Deal Summary

Elis Acquires Wonway

On July 1, 2024, Elis acquired consumer products company Wonway

Acquisition Highlights
  • This is Elis’ 2nd transaction in the Consumer Products sector.
  • This is Elis’ 1st transaction in Malaysia.

M&A Deal Summary
Date 2024-07-01
Target Wonway
Sector Consumer Products
Buyer(s) Elis
Deal Type Add-on Acquisition

Target

Wonway

Klang, Malaysia
Wonway provides reusable garments services in Cleanroom to mainly international groups operating in semiconductors, medical devices, and chemicals industries. Wonway was formed in 1984 and is based in Klang, Malaysia.

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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 33 of 33
Sector (Consumer Products) 2 of 2
Type (Add-on Acquisition) 32 of 32
Country (Malaysia) 1 of 1
Year (2024) 2 of 2
PREVIOUS 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.

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