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Elis: another small acquisition in Denmark

(CercleFinance.com) - The French industrial launderette Elis has made another acquisition, with the group this morning announcing the acquisition, which has already been finalised, of the Danish family-owned company A-Vask.


The financial terms of the deal were not mentioned.

Last year, the target's revenues reached around eight million euros. A-Vask has two laundries in Denmark and its clients are mainly comprised of hotels and the public sector.

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