Elis acquisition of Kings Laundry given go-ahead

11 July 2019

IRELAND

Elis, an international multi-service provider, offering textile, hygiene and facility services solutions across Europe and Latin America, announced on 10 July that its planned acquisition of Kings Laundry in Ireland has been cleared by the Irish Competition and Consumer Protection Commission (CCPC) following an in-depth (Phase II) review.

To achieve clearance, the CCPC required legally binding commitments from Elis. Those commitments relate to the divestment of some healthcare contracts.

Elis intends to comply with the commitments in the coming months and then proceed to close the transaction.

 



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