PRESS RELEASE

from ELIS (EPA:ELIS)

Elis: Termination of discussions with Vestis and UniFirst

image                                       Press release

                                                                                                                       4 October 2024

 

Termination of discussions with Vestis and UniFirst

Saint-Cloud, 4 October 2024 – Elis continuously considers a range of strategic opportunities. As part of its exploratory conversations around a potential entry into the US market, Elis held conversations with Vestis and UniFirst. 

Both discussions have been terminated, as neither would have allowed Elis to complete a transaction that would be in line with the company’s strict financial discipline. 

Elis therefore remains focused on its strategy combining organic growth and value-creating acquisitions. The Group’s operational know-how, its growth profile and its model based on the principles of the circular economy will enable Elis to continue to assert its leadership in all the countries in which it operates, while continuing exploring opportunities in new markets.

About Elis

As the leader in circular services, thanks to a rental-maintenance model optimized by traceability technologies, Elis innovates every day. In its 30 countries, Elis meets the needs of its customers in terms of protection, hygiene, and well-being, while assisting them in achieving their environmental objectives. With unique operational know-how and a profitable organic growth profile, Elis creates sustainable value for its shareholders, customers, employees, and the environment. https://fr.elis.com/en

Contacts

Nicolas Buron

Director of Investor Relations, Financing & Treasury

Phone: + 33 (0)1 75 49 98 30 - nicolas.buron@elis.com

Charline Lefaucheux

Investor Relations 

Phone: + 33 (0)1 75 49 98 15 - charline.lefaucheux@elis.com

Elis SA

Head office: 5 Boulevard Louis Loucheur, 92210 Saint-Cloud – France – Phone: +33 (0) 1 75 49 94 00 http://www.elis.com

Joint-stock corporation governed by an Executive Board and a Supervisory Board

Registered capital of 235,567,817 euros – RCS: 499 668 440 Nanterre

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