VELUX and JET to build a new division: VELUX Commercial
14. januar 2019 – kl. 08:00Theis Bennicke
VELUX acquisition of JET-Group was approved on 19th November last year. Since then, the two companies have taken the first steps to build a new division under the VELUX brand. Now they are launching a new logo and visual identity.
The acquisition is final, following approval by competition authorities.
Competition authorities in Germany and Austria approved the acquisition and plans are being made for the integration of JET-Group into the VELUX Group.
“The approval of our acquisition of JET-Group means we can now move ahead with our plans to strengthen our foothold in the commercial market,” says David Briggs, CEO of the VELUX Group.
VELUX A/S and Dutch investment firm Egeria have reached an agreement concerning the sale of JET-Group to the VELUX Group. The decision to acquire JET-Group, a European leader in industrial roof light systems, is in line with the VELUX Group’s growth strategy and specifically the desire to grow its business in the non-residential market for daylighting solutions.