Sale: Moderna

Elis, the French world leader in workplace services, has acquired Moderna. The shareholders of Moderna have chosen to join a financially strong, internationally operating partner to further professionalise the company and accelerate its growth. Through this acquisition, Elis expands its market share and enters the hospitality sector in the Netherlands. Throughout the sale process, the shareholders of Moderna were advised and supported by de Jong & Laan.

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Sale: Moderna

Sale: Moderna

Bedrijfsoverdracht Corporate finance

Moderna Textielservice, founded in 1964 and based in Hardenberg, is a family business specialising in textile cleaning, workwear, PPE products, hospitality linen, entrance mats, and sanitary hygiene. Moderna operates from a modern and sustainable facility and serves customers nationwide. In addition, private customers can use over 1,750 collection points across the Netherlands to drop off clothing and textiles for cleaning. In 2014, Moderna was named the most innovative and sustainable laundry service in Europe.

Elis

Elis is the market leader in circular multi-service solutions for the workplace. Active in 29 countries, the company helps its clients maintain optimal safety, hygiene and comfort in a sustainable way. Its services include the supply, rental, cleaning and repair of workwear, floor and workplace hygiene products, cleanroom items, wiping cloths and pest control. Sustainability lies at the heart of Elis and is embedded in its circular business model.

Jeroen Martens Senior corporate finance advisor

Specialist in mergers and acquisitions

My name is Jeroen Martens and I have been advising and guiding mergers and acquisitions since 2006. What I enjoy most is the contact with you as an entrepreneur: it's about the dream or vision you have as an entrepreneur, its realization, and its success. Mergers and acquisitions are complex processes, in which an experienced advisor and guide can offer a lot of added value. With my knowledge and experience, I can help you turn your dream into a success.

Good match

With the acquisition of Moderna, Elis is set to expand its market share and enter the Dutch hospitality sector. Together with the existing team, Elis and Moderna aim to achieve further growth at the Hardenberg location, while the acquisition also creates new opportunities and opens the door to further development and professionalisation for both parties.

Sale support

De Jong & Laan advised and guided Moderna throughout the sale process, which included:

Providing support during the negotiations;
Guidance on the due diligence investigation.
Outlining the finer details of the transaction;
Assisting with the drafting of acquisition agreements and completion of the transaction.

Do you have questions, or are you curious about what our corporate finance team can do for you? Please feel free to contact us.

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