JENSEN-GROUP is pleased to announce the acquisition of 85% of the share capital of MAXI-PRESS Holding GmbH, Germany and its subsidiaries (“MAXI-PRESS”). This strategic move will help to develop JENSEN-GROUP’s offerings in consumables, spares and services, further solidifying its position in the global heavy duty laundry market, according to a news release.
MAXI-PRESS, renowned for its leading market share in press cushions as well as its unique range of consumables, will play a pivotal role in enhancing JENSEN-GROUP’s service business. The acquisition is fully aligned with JENSEN-GROUP’s long-term value creation strategy, aiming to provide a comprehensive range of service propositions to laundries across the globe. For the fiscal year ending on December 31, 2023, MAXI-PRESS reported consolidated revenues of 21.5 million euro and an EBITDA of 5.6 million euro.
“I am truly impressed by the company’s market position and growth trajectory, resulting from the MAXI-PRESS team efforts under the leadership of Mr. Zaiser in just fifteen years and I am looking forward to working together with Mr. Zaiser to further grow the business and take MAXI-PRESS to the next level,” stated Jesper M. Jensen, CEO of JENSEN-GROUP.
“I knew that one day they would reach out to me, and I am very proud that MAXI-PRESS becomes a member of the JENSEN-GROUP” said Mr. Zaiser, Managing Director of MAXI-PRESS, sharing his enthusiasm about joining JENSEN-GROUP, a vision he has harbored for years.
Dr. Himmelmann from the private equity firm AUCTUS Capital Partners AG, Germany, former majority owner of MAXI-PRESS stated: “We have seen how MAXI-PRESS has shown tremendous growth even during the COVID years and are happy to hand over a well-run company to a strategic buyer like JENSEN-GROUP”.
Under the agreement, MAXI-PRESS will continue to operate under the well-established MAXI-PRESS brand, while Mr. Zaiser will report directly to the JENSEN-GROUP Executive Management Team.
The acquisition of MAXI-PRESS marks a significant milestone in JENSEN-GROUP’s journey to enhance its service offerings and its global leading position as a provider of full-fledged laundry solutions. With MAXI-PRESS joining its ranks, JENSEN-GROUP is well-placed to offer a broad range of high-quality consumables, spares and services to its customers worldwide.
