VELUX Group has agreed to acquire JET-Group from Egeria to enhance its position in the non-residential market for daylighting solutions.

Information on the Target

JET-Group is a prominent European supplier specializing in daylight solutions, ventilation products, and smoke and heat exhaust ventilation systems. Their primary offerings include light domes and continuous roof lights, which are predominantly utilized within the industrial and municipal construction sectors. With nearly 800 employees, JET-Group is headquartered in Hüllhorst, Germany, and maintains a strong presence across eleven European countries with production facilities in four countries.

This acquisition marks a significant milestone in JET-Group's development as it aligns with VELUX Group’s strategic ambitions to enhance its capabilities in the commercial segment. The integration with VELUX is expected to drive growth and expand JET’s market reach further.

Industry Overview in Germany

Germany's construction sector is recognized for its innovation and commitment to sustainability, particularly in daylighting solutions. The emergence of green building practices has prompted an increasing demand for energy-efficient products that