Elis buys Mexican flat linen rental and laundry operator in Aguascalientes
Reuters2026/08/10 05:00- Elis acquired a Mexican flat-linen rental and laundry services operator to expand its Latin America footprint.
- The target runs two laundries in Aguascalientes, employs 180 people, generated about EUR 5.5 million revenue in 2025.
- The management team will stay in place; the business will be consolidated into Elis’ accounts from Aug. 1, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Will a 10-year US Treasury yield rising to 5.5% "attack" US stocks? Societe Generale warns: this could be the valuation tipping point.
Bokobza, Global Head of Asset Allocation at Société Générale, pointed out that if the 10-year U.S. Treasury yield reaches 5.5%, corporate profit growth will not be sufficient to offset the impact of rising rates on valuations, and the stock market will face substantial pressure. However, he believes that the upcoming rate hikes by the Federal Reserve and the European Central Bank will be relatively limited and will not disrupt the current economic cycle.
Himalaya Shipping option holder exercises 25,000 shares at USD 5.83 strike price
IBI-Lion SOCIMI sets EUR 0.031-per-share capital return distribution
Crypto prices
More
