on ELIS (EPA:ELIS)
Elis Expands in Ireland with Acquisition of OCL
On August 7, 2025, Elis, a leader in circular services, announced the signing of an agreement to acquire O.C.L. Laundry Services Limited in Ireland. OCL, which operates an industrial laundry in Ballinrobe, primarily serves the hospitality sector. The company employs 170 people and generated approximately 17 million euros in revenue in 2024.
This strategic acquisition reflects Elis's ongoing expansion efforts in Ireland. The deal's completion is contingent upon meeting standard regulatory conditions. Through this acquisition, Elis aims to enhance its market presence in the region and strengthen its service offerings within the hospitality industry.
Elis's strategy emphasizes sustainable growth and service optimization, supporting its commitment to creating value while pursuing environmental objectives.
R. H.
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