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Investment > Private equity > ELIS
ELIS    | http://www.elis.com
France - Investment: €421 million, 83.2%*
* After syndication to Eurazeo Partners.

ELIS
| Description | Presentations |
Press releases

 04/10/2007 Closing of the ELIS acquisition
 08/08/2007 Agreement with PAI partners to acquire ELIS for €2.28 billion
colyzeo
2009 Revenues
€1,042 million, - 0,6%*
* At constant consolidation scope and exchange rates.
2009 EBITDA
€335 million, + 2,4 %
Highlights of 2009
• Revenues held up well despite the troubled economic conditions.
• Twenty specific initiatives undertaken (ID’Elis program) to help sales, lower costs and improve cash flow.
• Five new acquisitions: three in France and two abroad, for annual revenues of €9 million.
• New director of marketing and increased staffing in the sales and marketing department.
Economic conditions
The year just ended was marked by a decline in hotel occupancy rates and restaurant visits. The continuing rise in unemployment prompted a decrease in the number of people dressed by Elis, and the general decline of economic conditions slowed use of hygiene and well-being services. The healthcare segment remained stable. Lastly, the business of the Spanish and Portuguese subsidiaries has been hurt by the extensive economic depression on the Iberian Peninsula.