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.