Advised on Sale of CompanyBusiness Services
has been acquired by
Buchholz Textilreinigung GmbH & Co. KG, a full-service industrial laundry and textile rental company situated in Malbergweich near Bitburg, was taken over by CWS Group. With the acquisition of this traditional and modern industrial laundry, CWS, an integrated solution provider for health and safety, is expanding its portfolio and strengthening its sustainability strategy. The jobs in the medium-sized company will be retained. The previous owner and managing director, Patrick Schweyen, will continue to act in an advisory function for CWS Healthcare Deutschland GmbH & Co. KG.
Founded in 1939 as a family business in Prüm in the Eifel region, the Buchholz laundry today is a medium-sized company with around 90 employees. Buchholz provides services to about 200 customers in the three verticals healthcare, HoReCaand workwear /personal protective equipment (PPE). This includes washing and processing as well as textile rental. With the company's own fleet of vehicles, Buchholz also ensures that customers' laundry is picked up and delivered again punctually and reliably. The company's geographical focus is in the western part of Germany between the Ruhr area in the north and Luxembourg in the south.
CWS Group operates internationally as an integrated solution provider in the field of health and safety and generated in 2019 sales of over 1.2 billion EUR with 10,800 employees. In its Healthcare division, CWS offers care homes, senior citizen facilities and nursing services an all-round laundry supply in a rental service: from bed linen and terry toweling to a comprehensive workwear assortment and the care of residents' laundry, they receive everything from a single source. With the acquisition of the Buchholz laundry, CWS is further expanding the business unit. "Above all, high-quality service, state-of-the-art, sustainable work processes, a diversified customer portfolio and a strong regional market position make Buchholz Textilreinigung GmbH & Co. KG a valuable new addition to CWS Healthcare," explains Markus Schad, Director Cleanrooms & Healthcare at CWS.
IMAP M&A Consultants AG has exclusively advised the shareholder of Buchholz Textilreinigung GmbH & Co. KG throughout a structured M&A process and supported him in negotiating and successfully closing the transaction.