Service       
Buy-side

Industry     
Cleaning services

Deal value
Undisclosed

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HCN Partners Picture25 uai

Advised De Forenede Dampvaskerier in the acquisition of Textillia

Textilia, owned by Accent Equity Partners, is a leading provider of business-critical textile services in Sweden primarily for the healthcare and defence sector. Textilia has 450 employees and nationwide coverage through facilities in Boden, Långsele, Rimbo, Göteborg, Karlskrona and Örebro. In 2016, Textilia reported revenues of SEK 575m

De Forenede Dampvaskerier is one of the largest service companies within the textile laundering and rental sector in the Nordics. With 12 locations throughout Denmark, De Forenede Dampvaskerier is a nationwide provider with a turnover of approximately DKK 1bn and 1,200 employees

The acquisition will enable De Forenede Dampvaskerier to expand its operations and strengthen its position in Sweden. The combined entity will have a turnover of approximately DKK 2 billion and 3,000 employees

 

*Completed by the HCN Partners team when employed at Handelsbanken.