Le Lavoir Limited Forms Tie-Up with Orex Coliving Spaces for Laundry Services

Le Lavoir Limited Forms Tie-Up with Orex Coliving Spaces for Laundry Services​

Le Lavoir Limited has announced a strategic partnership with Orex Coliving Spaces Private Limited (Union Living). The collaboration involves providing comprehensive wet cleaning, washing, and dry-cleaning services under the established 'Le Lavoir' brand name.

The move signals a significant phase of expansion for the company. Le Lavoir Limited plans to expand its service reach across various institutions while also targeting the retail market segment to better cater to consumer needs. Furthermore, the company is introducing its organized laundry service offering, specifically designed for residential communities. This new vertical aims to enhance convenience, consistency, and service transparency for residents.

Sachin Kapse, Managing Director of Le Lavoir Limited, stated that this initiative with Union Living represents a major advancement in the company's service model. He noted that the service was developed with a focus on creating a streamlined and reliable experience for residents through a structured pickup and delivery framework. Le Lavoir Limited aims to simplify daily routines while maintaining high standards of garment care and hygiene, thereby supporting long-term growth and enhancing operational synergies.

Echoing this sentiment, Ashok Dilipkumar Jain, Director cum Chairman at Le Lavoir, highlighted that the contract reinforces confidence in the business. He stated that the company remains committed to building a reliable and scalable service platform, with the objective of becoming a preferred and trusted partner across various markets in India.

Le Lavoir Limited Overview​

Le Lavoir Limited, incorporated in 1981, has been active for over four decades and is listed on BSE Limited. The company operates in the business of laundry services, primarily serving institutions such as hotels through dry-cleaning and laundromat services on an outsourced model.

Under the 'Le Lavoir' brand, the company emphasizes responsible operation, maintaining required safety and hygiene standards. Le Lavoir Limited is focused on delivering efficient service solutions that support modern residential ecosystems through structured operations and customer-centric practices, showing confidence in significantly expanding its clientele over the coming years.

Stock Price Movement​

At the close of trading on Monday, LE Lavoir Ltd settled at ₹218.00, slipping 1.16% for the day. Throughout the session, shares traded across a wide range, touching a high of ₹220.55 before falling to a low of ₹201.25.

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