ELIS: management transactions · France · AMF

About ELIS

ELIS is a leading international provider of rental, laundering and maintenance services for professional textiles, workwear, hygiene products and workplace comfort solutions, listed on Euronext Paris under ISIN FR0012435121. The company serves a broad client base across hospitality and catering, healthcare, industry, retail, services, and public institutions. Its business model is built on recurring, long-duration contracts covering the collection, washing, maintenance, replacement and delivery of flat linen, professional clothing and hygiene-related consumables. This creates a highly recurring revenue base and, for customers, an outsourced solution that improves operational efficiency, while for Elis it requires a dense industrial and logistics network that supports scale, quality and service reliability. The group’s origins date back to 1883, making Elis one of the older industrial services businesses in France. Over time, it evolved from a traditional linen-services operator into a modern, multi-country platform focused on outsourced textile and hygiene solutions. The Elis brand is closely associated with the former meaning of “European Linge Service,” reflecting the company’s historical roots in linen management and its transformation into a pan-European specialist. A major milestone in its corporate history was its IPO on Euronext Paris in 2015, which strengthened its access to capital markets and supported both organic growth and an active acquisition strategy. Elis has built a strong position in Europe, where it is widely regarded as a reference player in its core markets. Its footprint extends well beyond France, with operations across multiple European countries and additional exposure in Latin America and other regions. This geographic diversification helps reduce reliance on a single economy, broadens the customer mix and provides the company with a platform for cross-border expansion. The group’s network of laundry plants, service centers and delivery routes is a key competitive advantage, as it allows Elis to combine industrial efficiency with local proximity to clients. Its service offering includes rental and maintenance of workwear, linen services for hospitals, care homes and hotels, hygiene systems such as sanitary mats and washroom solutions, and related workplace comfort products. Elis also provides certain adjacent services linked to medical and professional waste collection and disposal, reinforcing its position as a comprehensive outsourced services partner. The company’s business is typically supported by long-term contracts and relatively low customer concentration, which can contribute to earnings visibility. For investors, Elis stands out as a defensive B2B services company with structural demand, recurring cash flows, a strong European franchise and a proven ability to expand through disciplined growth and consolidation.