Jet Investment has successfully sold BENVIG HEAT TRANSFER s.r.o. to Montáže Přerov a.s. shareholders, facilitating a strategic shift toward further development within the Western European engineering market.

Information on the Target

BENVIG HEAT TRANSFER s.r.o., based in Benešov nad Ploučnicí, is a well-established production engineering company specializing in the design and manufacturing of equipment for the petrochemical, chemical, and energy industries. With a workforce of approximately 120 employees, BENVIG HEAT TRANSFER generated sales of around 500 million CZK. The company's product offerings include air coolers, heat exchangers, industrial heaters, and condensers, most of which are exported to Central European and Western markets.

Since its acquisition by Jet Investment's Jet 1 fund in 2016, BENVIG HEAT TRANSFER has undergone significant transformation. Originally operating under the name Bronswerk Heat Transfer, it was rebranded to strengthen its market presence. Under Jet Investment's ownership, the company shifted its focus from Eastern markets, particularly Russia, to more stable and demanding Western European markets, a strategic move that aligns with global market conditions, especially post the Ukraine war.

Industry Overview in the Target’s Specific Country

The engineering and manufacturing sector in the Czech Republic is characterized by a robust foundation, with companies like BENVIG HEAT TRANSFER contributing significantly to both local employment and GDP. This sector has been growing ste