CICERO, N.Y. — Jensen North America, a subsidiary of the Jensen-Group, has acquired G.A. Braun of Cicero, a supplier in the North American laundry-equipment market.
G.A. Braun is located at 79 General Irwin Blvd., off East Taft Road, in the town of Cicero. Jensen-Group is headquartered in Wetteren, Belgium. Neither company released financial details of the acquisition agreement.
With the acquisition, Jensen-Group expands its manufacturing footprint, product portfolio, and service network across North America. The firm calls it a “significant milestone” in its growth strategy.
(Sponsored)
Small Business Accounting Errors and How to Avoid Them
Running a small business presents many challenges, which can draw your attention in multiple directions at once. Keeping track of your company’s finances is essential to its long-term success and
“They are family. They would never do that!” Our guard comes down as it is hard to imagine a family member capable of business fraud. Unfortunately, that is when the
In the transaction, Jensen acquires Braun’s production facility, and both brands will continue to co-exist. It will allow both Jensen and Braun to “preserve what makes each brand unique, while joining forces to deliver even greater value, innovation, and support to customers across North America,” per the announcement on the Braun website.
The newly founded company Jensen Braun LLC will acquire the assets of G.A. Braun. Under the new structure, Jensen North America will manage both Jensen Braun LLC in Cicero and Jensen USA in Panama City, Florida.
“After many successful years in the laundry industry, I am proud to see Braun become part of the JENSEN team” J.B. Werner, CEO of G.A. Braun, said in the announcement. “We share the same values: customer focus, reliability, and a passion for building long-term partnerships. I am confident that our employees and customers are in very good hands and will benefit from the global strength and expertise of the JENSEN-GROUP.”
