# Elis acquires Textile Washing Company in Czech Republic

Elis finalized the acquisition of 100% of Textile Washing Company, a family-owned group in Kralovice, Czech Republic, specializing in flat linen rental for the hospitality sector. The company had revenue of about €4.5 million in 2018.

- Type: Acquisition
- Announced: 2020-02-03
- Where: Kralovice, Czech Republic, Czechia
- Status: completed
- Products: flat linen rental services
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Elis](https://endata.com/companies/20935.md) (acquirer)
- [Textile Washing Company](https://endata.com/companies/44971.md) (target)

## Sources

- [zonebourse.com](https://www.zonebourse.com/cours/action/ELIS-20566590/actualite/ELIS-acquisition-en-Tchequie-29930710/), 2020-02-03: "L'acquisition de Textile Washing Company permet à Elis de renforcer ses positions sur le segment du Linge plat en Tchéquie, pays qui présente également un fort potentiel en Vêtement professionnel."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.