Jensen-Group agrees to buy remaining 30% stake in Inwatec for EUR 11.7 million
Reuters2026/08/11 19:25Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Jensen-Group agreed to lift its stake in Denmark-based Inwatec to 100% from 70%, deepening its push into automation, robotics, and AI.
- Purchase price set at EUR 11.7 million, with a potential earn-out of up to EUR 2.4 million tied to performance targets.
- Consideration to be paid in a mix of Jensen-Group shares and cash.
- Inwatec posted net profit of DKK 8.2 million for 2025.
- No material impact expected on consolidated revenue since Inwatec has been fully consolidated since 2021.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jensen-Group NV published the original content used to generate this news brief on August 11, 2026, and is solely responsible for the information contained therein.
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