Cleaning services

Deal value
DKK 220m

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Advised Kivi-Tex in the sale of Elite Miljø to Coor Service Management

Elite Miljø is a leading provider of certified cleaning services to some of the largest private companies and public institutions in Denmark. Elite Miljø has proven competence and experience in general cleaning, as well as specialised cleanroom cleaning and hospital cleaning. Elite Miljø has more than 2,000 employees and revenues of DKK 583m and EBITDA of DKK 17m in 2016

Coor Service Management is a leading provider of integrated facility management services in the Nordics. The company has 6,700 employees and revenue of SEK 7.7bn and EBITA of SEK 468m in 2017

The divestment of Elite Miljø is in line with Kivi-Tex’s strategic decision to focus on textile laundering and rental services following the acquisition of Textilia in 2017. The transaction will strengthen Coor Service Management’s position in Denmark and is expected to provide significant synergies contributing to the company’s competencies within the important cleaning segments


*Completed as part of Handelsbanken by the current HCN Partners team