The acquisition is final, following approval by competition authorities.
Over recent years the importance of natural light and its positive impact on productivity, working conditions and overall morale has been recognised, meaning companies are being increasingly pushed towards providing welcoming office spaces and working environments.
As roof lights and light domes provide solutions both as integrated design features, added at the initial planning stages of new office developments and as retrofit options for existing buildings, they have numerous benefits in the commercial workspace.
VELUX A/S and Dutch investment firm Egeria have reached an agreement concerning the sale of JET-Group to the VELUX Group. The decision to acquire JET-Group, a European leader in industrial roof light systems, is in line with the VELUX Group’s growth strategy and specifically the desire to grow its business in the non-residential market for daylighting solutions. The acquisition of JET-Group is the second by the VELUX Group this year, with Wasco Products Inc., a US skylight manufacturer, announced in April.