SFS Group has expanded its access to the Northern European construction market with the acquisition of Jevith A/S.
Jevith A/S was founded in 2001 and primarily supplies the Danish construction industry with high-quality fastening solutions for the building envelope. Thanks to its high technology and application competence as well as the distinctive services, Jevith A/S has established a strong market position in Denmark.
With the acquisition of the company on 1 July 2021, SFS will gain access to customers from the Danish construction industry which will further strengthen the position of the Construction Division securing future market growth as a specialist in fastening solutions in the building envelope. For their part, the customers of Jevith A/S will benefit from the complementary SFS product range. In 2020 the company achieved a turnover of almost 5 million euros with around 10 employees.
Jevith A/S will in future operate as part of the Construction Division within the Fastening Systems segment. The existing Jevith A/S management team will continue to run the daily operations, ensuring business continuity.
SFS Group recently increased its expectations for 2021 and also vowed to reduce its emissions by more than 90% by 2030
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