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Jensen-Group NV

Belgium-based international company From Wikipedia, the free encyclopedia

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

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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 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]

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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, 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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