Jensen-Group Acquires G.A. Braun for $39.4 Million

JENSEN North America, a subsidiary of JENSEN-GROUP NV, has acquired the business of G.A. Braun, Inc., a respected supplier of heavy-duty laundry equipment based in Syracuse, New York. The purchase, valued at 39.4 million USD including normalized working capital, is primarily financed through external debt. Braun, which reported consolidated revenues of 52.0 million USD and net income of 2.7 million USD for the fiscal year ending December 31, 2024, will continue to operate under its own brand alongside JENSEN. The acquisition expands JENSEN's manufacturing footprint and service network in North America, with both JENSEN Braun LLC in Syracuse and JENSEN USA in Panama City, Florida, managed under the JENSEN North America umbrella.

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