Jet Investment has acquired Benet Automotive s.r.o., enhancing its portfolio and aiming to accelerate growth through vertical integration in the Czech automotive sector.
Target Company Information
Jet Investment has recently acquired Benet Automotive s.r.o., which became part of the Jet 1 portfolio as of September 11, 2017. Located in Mladá Boleslav, Benet Automotive specializes in the production of plastic and carbon exterior components for the automotive sector. In addition to manufacturing, the company engages in pre-series development and is involved in the assembly of painted components for new vehicles and prototype production.
Benet Automotive is recognized as a dynamic enterprise in an excellent state of operation. With a workforce exceeding 600 employees, the company has seen robust growth, with sales increasing from CZK 520 million in 2012 to CZK 820 million in 2016. The projections for 2017 suggest that sales will surpass CZK 1 billion, indicating a strong upward trajectory for the company's future.
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Industry Overview in the Czech Republic
The automotive industry is a crucial pillar of the Czech Republic’s economy, contributing significantly to employment and GDP. The country has become an attractive location for automotive manufacturers, primarily due to its skilled workfo
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Jet Investment
invested in
Benet Automotive s.r.o.
in 2017
in a Buy & Build / Roll-Up deal
Disclosed details
Revenue: $47M