JK WITH NEW SHAREHOLDER
FIT FOR THE FUTURE
We are pleased to have found an ideal shareholder with VTC. Our new shareholder will invest in strengthening the core business and also accelerate our growth in new markets. The entire JK Team is looking forward to develop the future industry together with you.
Founded in Eitorf back in 1927 the small carpentry has become the worldwide leading sunbed manufacturer. For the past 30 years the brand Ergoline stands for timeless design, top service and easy maintenance, excellent performance, simple operation and uncompromising quality “Made in Germany”. As an innovative leader, JK successively extended its market leadership. Furthermore, the JK-Group has become an international light specialist in the lifestyle, beauty and healthcare market. With 335 employees the corporate group generated a turnover of 100 million Euros in 2016.
The founding family Walter Kratz has found a capitally strong new owner, who can support the JK-Group in its further growth and guarantees a reliable cooperation with our business partners. We are pleased to have found an ideal shareholder with VTC Industriebeteiligungen GmbH & Co. KG („VTC“).
"JK is an excellent complement to VTC,“ Stefan Leuze is delighted to say, Managing Director of VTC. "As a global leader with strong brands and experienced management JK is excellently positioned in its core business. VTC will invest in strengthening the core business further and also expects growth impulses from the fast growing fitness and beauty market.”
For the family Kratz as well as for the JK Management the sustainable and value-based oriented corporate strategy of VTC was the decisive factor for their choice in order to ensure the reliable and loyal cooperation with employees and partners on a long-term basis. Walter Kratz particularly wants to thank all employees, customers and partners for the cooperation over all these years. Together we were able to create and develop our industry even when times were difficult.
For you nothing will change! Now and in the future were are here for you with the same contact persons and the same high demand on our products and our service. The entire JK Team is looking forward to develop the future industry together with you.
VTC Industriebeteiligungen GmbH & Co. KG is a dynamically growing investment enterprise based in Munich. VTC invests exclusively with its own funds and in addition to the acquisition of new investments aims to support the further development of their group companies. With 5300 employees VTC currently generates and annual turnover of 750 million Euro. www.vtc.de