SCOTTO & ASSOCIÉS is advising Elis and its management team in connection with its initial public offering
Paris, February 13, 2015
The law firm Scotto & Associés advised the management of the Elis Group—a leading multi-service provider of rental and maintenance services for flat linens, workwear, and hygiene and wellness equipment in Europe and Brazil—in connection with the group’s initial public offering.
With 18,500 employees across 10 countries, Elis posted consolidated revenue of 1.331 billion euros and consolidated EBITDA of 429 million euros in 2014.
The offering circular was approved by the Autorité des marchés financiers on January 27, 2015, for an offering totaling approximately 750 million euros, consisting of approximately 700 million euros in new shares and approximately 50 million euros in existing shares sold by Legendre Holding 27, an entity controlled by Eurazeo, as well as certain employees and corporate officers of the Elis Group.
The initial public offering price was set on February 10, 2015, at 13 euros per share.
The firm's team consisted of Nicolas Menard-Durand, Franck Vacher, and Camille Perrin, as well as our tax team
Firm Contacts
Nicolas Menard-Durand
Phone: +33 (0) 1 83 92 38 38
