JFK A/S BECOMES A MAJORITY SHAREHOLDER IN JUNCKERS
The privately owned industry investment company Jysk Fynsk Kapital A/S (JFK) has purchased the share majority in Junckers, Europe's leading manufacturer of solid hardwood floors. The management and current owners will continue and maintain a significant share position.
Per Kristensen, the CEO of JFK, says:
"Junckers is a company with a strong brand and really good products. Through a focused strategy, the management has created a sound business with good earnings, which provides a strong foundation for continued growth and further development." JFK already owns several companies within the sector of building materials.
Junckers CEO, Carsten Chabert, says:
"We were not actively in a sales process, but we have had a dialogue with JFK since before the summer vacation. The discussions have been as much about how we can further develop Junckers, as well as on the actual sale of the shares. In this way, we have learned a great deal about each other, and I am confident JFK will contribute with a lot of knowledge, combined with their focus on long-term development of their businesses; they are a good match for us. Obviously, I am pleased and proud that we have developed the company to become an attractive acquisition for such experienced industrialists, as the ones behind JFK."
Jysk-Fynsk Kapital A/S
CEO, Per Kristensen
Junckers Industrier A/S
CEO, Carsten Chabert