Sullivan and Ashurst among advisers as Berendsen rejects £2bn bid from European rival

Herbert Smith Freehills also acting on £2bn takeover bid by Elis

Sullivan & Cromwell and Ashurst are among a line-up of firms advising on a £2bn takeover bid for UK textile services company Berendsen by European rival Elis.

Elis, which is headquartered in France but has operations in multiple countries across Europe and South America, is a linen and workwear rental and maintenance company. Its bid for Berendsen values the London-based company at approximately £2.05bn.

This premium content is reserved for
Legal Week Subscribers.

Subscribe today to get ALL ACCESS and 15% off!

A premium subscription gives you access to all articles and provides:

  • Trusted insight, news and analysis from the UK and across the globe
  • Connections to senior business lawyers within the leading law firms and legal departments
  • Unique access to ALM’s unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week’s UK Top 50 and Global 100 rankings
  • The Legal Week Daily News Alert, Editor’s Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
  • Optimized access on all of your devices: desktop, tablet and mobile
  • Complete access to the site’s full archive of more than 56,000 articles

Subscribe Now For All Access

For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651