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Jensen-Group NV

From Wikipedia, the free encyclopedia
Jensen-Group NV
TypePublic
IndustryHeavy-duty laundries
Founded1937 in Bornholm, Denmark
FounderJørn Munch Jensen (1932-2012)
Headquarters,
Number of employees
2,299 (2025) Edit this on Wikidata
Websitewww.jensen-group.com

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

History

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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 the 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 Bornholm Laundry.[2] In 1970, the company introduced the Jenstack, the first stacker ever during the era.[2]

In the early 1990s, 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 slowdown in activities as a result of the COVID-19 pandemic,[7] [8][9] but resumed normal operations in 2023 and beyond.[10]

Reception and partnerships

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

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

References

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  1. "JENSEN-GROUP Reports Revenue Increase for 2021". americanlaundrynews.com. 30 March 2022. Retrieved 24 February 2024.
  2. 1 2 3 4 "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.
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