For 2016, the JENSEN-GROUP reported an 11.1% increase in revenue compared to 2015. For the first time in the company’s history, JENSEN hit the 300 million mark, with a revenue amounting to 318.2 million Euro. The company attributes the success to its global presence and its continued customer focus on innovative product development. Thanks to significant investments in laundry automation processes and the expansion of its local presence and manufacturing capacity, the JENSEN-GROUP was able to grow exceptionally over the past two years, according to a recent release from the company.
Investments in new solutions with high customer orientation
At this year’s Texcare International in Frankfurt, (pictured) the JENSEN-GROUP launched a series of new products and solutions to increase the productivity and ecological efficiency in all sections of heavy-duty laundries. Texcare was an outstanding platform to showcase the company’s one-stop-shop approach. With JENSEN, customers have one single local contact for the design, planning, installation and servicing of a total laundry. In addition to product development in single machines and systems, JENSEN prepares for the internet of things with the new product Globe. The integration of technology and software allows customers to monitor and track production in real-time and use the acquired information to improve productivity.
Investments in local presence
JENSEN continues to build a local presence in every market. In 2016, the company acquired the distribution activities of its long-standing Norwegian partner Sipano Norway and started an own Sales and Service Center in Denmark. The foundation of these two new companies rounds off the company’s strategy to have own Sales and Service Centers in Europe – JENSEN’s largest market.
JENSEN’s offices in China, Dubai and Japan have been expanded, resulting in a number of state-of-the art references in all three markets that reinforce JENSEN’s position as the leading heavy-duty laundry supplier, the release stated. A strong rebound in orders from its European home market as well as a strong market in North America lead to a record revenue.
Investments in a successful future
2016 was a year of important investments for the JENSEN-GROUP. The year started with an acquisition of a minority share in TOLON. The participation in TOLON enhanced its market share for stand-alone washer extractors and dryers within heavy-duty laundries. In July, a second factory was inaugurated in Xuzhou/China, ensuring a wider product offering to the fast growing Chinese market. A further investment was made in Denmark with a third factory that was put into operation in 2016 and that will support the company’s ambitious growth plans. 2017 started with another investment: On February 1, 2017, the JENSEN-GROUP acquired the activities of the German company Sykom. The activities of our former supplier Sykom will be continued and further developed by JENSEN Components GmbH, a wholly-owned subsidiary of the JENSEN-GROUP that produces system components made of metal.
“In 2016, we invested in two new factories, two new distribution companies as well as a JV for software and a participation in TOLON. This has been done in a year with record turnover” says Jesper Munch Jensen, CEO of the JENSEN-GROUP who was quoted in the release. “Our customer-centered strategy is paying off and we are determined to develop new products and services that will delight our customers.”
For more information, visit the company’s web site: JENSEN-GROUP
Visit the JENSEN-GROUP at Clean ’17 Booth 2631