SFS expands its range of fastening solutions in Denmark
News – 17 June 2021
With Jevith A/S, SFS takes over a leading provider of fastening solutions for application in high-quality building envelopes in Denmark. With this acquisition, SFS is expanding its market access in the Northern European construction industry.
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 their 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 July 1, 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.