Press releases
JENSEN North America, a subsidiary of JENSEN-GROUP NV, is pleased to announce the acquisition of the business of G.A. Braun, Inc. ("Braun"). This strategic move is a significant milestone in the growth strategy of the JENSEN-GROUP, expanding its manufacturing footprint, product portfolio, and service network across North America.
The acquisition of Braun reflects JENSEN-GROUP’s unwavering commitment to the North American market and its long-term strategy to strengthen local operations and manufacturing capabilities. Founded in 1946 and expanding into manufacturing in 1956 in Syracuse, New York, Braun is a respected supplier with a well-established brand in the laundry equipment market in North America. For the fiscal year ending on December 31, 2024, Braun reported consolidated revenues of 52.0 million USD and a consolidated net income of 2.7 million USD.
With this acquisition, JENSEN will expand its North American presence with a state-of-the-art production facility and a brand with a strong reputation and a loyal customer base. JENSEN and Braun will continue to operate as distinct, separate brands, each with its own identity and unique market position. The newly founded company will be known as JENSEN Braun LLC with JENSEN acquiring the assets of Braun and its affiliates and JENSEN North America supporting and managing both JENSEN Braun LLC in Syracuse NY and JENSEN USA in Panama City FL.
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