Jensen-Group NV

Belgium-based international company
Jensen-Group NV
Company typePublic
IndustryHeavy-duty laundries
Founded1937 in Bornholm, Denmark
FounderJørn Munch Jensen (1932-2012)
Headquarters
East Flanders
,
Belgium
Websitewww.jensen-group.com

Jensen-Group NV is an Belgium-based international company known for manufacturing machines for the heavy-duty laundry industry.[1]

History

Jensen-Group NV started as a repair shop for dairy equipment in 1937 when it was founded by Ejnar Jensen on the island of Bornholm in Baltic Sea, Denmark.[2] In 1954 Ejnar Jensen's son Jørn Munch Jensen (1932–2012) took over the leadership of the company.[2]

In 1960 the first folding machine developed by Jensen was installed at the Bornholm Laundry.[2] In 1970, the company introduced the Jenstack: the first stacker ever during the era.[2]

In early 1990's, Jensen acquired AB Metric Interconveyor (garment handling systems), Futurail (monorail systems) and Senkingwerk.[3] In 2008, Jensen launched the CleanTech concept to enhance production.[4]

Between 2015 and 2016, Jensen expanded its product portfolio with newer machines.[5][6]

In 2020, the company experienced a slow down in activities as a result of the Covid-19 Pandemic,[7] [8][9] but later continued normal productions in 2023 and beyond.[10]

Reception and partnerships

Jensen-Group is listed and traded on the Brussels Stock Exchange under the ticker symbol "JEN".[11][12]

On January 1, 2018, the Jensen-Group acquired 30% stake in Inwatec ApS, a Danish company.[13][14][15] In March 2023, the Jensen-Group and MIURA agreed to a Joint-Venture whereby the Jensen acquired 49% of the shares of Inax Corporation (“Inax”), a Japanese wholly owned subsidiary of MIURA.[16]

References

  1. ^ "JENSEN-GROUP Reports Revenue Increase for 2021". americanlaundrynews.com. 30 March 2022. Retrieved 24 February 2024.
  2. ^ a b c d "In Memoriam: Jørn Munch Jensen, Founder of JENSEN-GROUP". americanlaundrynews.com. 26 June 2012. Retrieved 24 February 2024.
  3. ^ "Healthcare facility sheet feeder Express". medicalexpo.com. Retrieved 24 February 2024.
  4. ^ "Pioneering sustainability in the textile care industry". environment.ec.europa.eu. Retrieved 24 February 2024.
  5. ^ "Jensen-Group reports record revenue for 2015". laundryandcleaningnews.com. 21 March 2016. Retrieved 24 February 2024.
  6. ^ "Innovation is creating a new generation of wash systems". laundryandcleaningnews.com. 15 August 2016. Retrieved 24 February 2024.
  7. ^ "COVID-19 impacts H1 revenue of the JENSEN-GROUP". laundryandcleaningtoday.co.uk. 30 March 2022. Retrieved 24 February 2024.
  8. ^ "Jensen Group Expects A Slow Down In Activities Due To Covid-19". reuters.com. 27 March 2020. Retrieved 24 February 2024.
  9. ^ "Pre-Covid results reported by Jensen-Group". cinet-online.com. 27 March 2020. Retrieved 24 February 2024.
  10. ^ "Jensen-Group achieves record revenue in first half of the year". laundryandcleaningnews.com. 16 August 2016. Retrieved 24 February 2024.
  11. ^ "Jensen-Group NV JEN.BR". reuters.com. Retrieved 24 February 2024.
  12. ^ "Jensen-Group NV JEN:BRU". markets.ft.com. Retrieved 24 February 2024.
  13. ^ "Jensen-Group NV acquired 30% stake in Inwatec ApS". marketscreener.com. Retrieved 24 February 2024.
  14. ^ "Jensen-Group NV completed the acquisition of an additional 40% stake in Inwatec ApS for €14.9 million". marketscreener.com. Retrieved 24 February 2024.
  15. ^ "JENSEN-GROUP Acquires 30% of Inwatec". americanlaundrynews.com. Retrieved 24 February 2024.
  16. ^ "JENSEN access Japanese industry through milestone new joint venture". laundryandcleaningtoday.co.uk. Retrieved 24 February 2024.

External links

  • Official website