M&A Deal Summary

VELUX Group Acquires JET-Group

On October 11, 2018, VELUX Group acquired building materials company JET-Group from Egeria

Acquisition Highlights
  • This is VELUX Group’s 1st transaction in the Building Materials sector.
  • This is VELUX Group’s 1st transaction in Germany.

M&A Deal Summary

Date 2018-10-11
Target JET-Group
Sector Building Materials
Buyer(s) VELUX Group
Sellers(s) Egeria
Deal Type Add-on Acquisition

Target

JET-Group

Hüllhorst, Germany
JET Tageslicht & RWA GmbH is a manufacture of daylight solutions, ventilation technology and smoke and heat exhaust ventilation systems. JET Tageslicht & RWA GmbH was founded in 1970 and is based in Hüllhorst, Germany.

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Buyer(S) 1

Buyer

VELUX Group

Hørsholm, Denmark

Category Company
Founded 1941
Sector Building Materials
DESCRIPTION

VELUX Group is a designer, manufacturer and marketer of prefabricated skylight systems for commercial buildings - VELUX Modular Skylights. VELUX Group was founded in 1941 and is based in Hørsholm, Denmark.


DEAL STATS #
Overall 1 of 1
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2018 M&A 1 of 1

Seller(S) 1

SELLER

Egeria

Amsterdam, Netherlands

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 3.5B EUR
Size Large
Type Sector Agnostic
DESCRIPTION
Egeria's office in Amsterdam.
Egeria's office in Amsterdam.

Egeria is a private equity and real estate investment firm. The Firm operates a variety of investment funds focused on opportunities throughout Western Europe and North America. The Firm's private equity group principally looks to invest in companies located in the Netherlands, Germany, Austria, and Switzerland valued up to €350 million. Egeria looks for companies with stable cash flows, experienced management, and strong growth potential. Egeria is sector agnostic, however, the firm will not consider investing in biotech, software, or 'non-ethical' sectors. Egeria was formed in 1997 and is based in Amsterdam.


DEAL STATS #
Overall 19 of 31
Sector: Building Materials M&A 2 of 2
Type: Add-on Acquisition M&A Deals 9 of 15
Country: Germany M&A 1 of 3
Year: 2018 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-30 Trust

Dordrecht, Netherlands

Trust designs, develops and distributes branded consumer electronics accessories in the value-for-money segment. Trust was founded in 1983 and is based in Dordrecht, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-02 SureWerx

Coquitlam, British Columbia, Canada

SureWerx is a supplier of professional safety products, tools, and equipment. The company offers access to its brands through its partner distributor network servicing the industrial, construction, safety, and automotive aftermarket markets globally. SureWerx was founded in 1957 and is based in Coquitlam, British Columbia.

Sell -