Presto acquires the German market leader Jockel to become the leading European safety services group
Presto AB (” Presto”), the Nordic market leader in fire safety and compliance services, acquires Jockel Brandschutztechnik Service GmbH ("Jockel"), the German market leader in fire safety. As a result, Presto becomes the leading safety services group in Europe, with revenues of SEK 2.7 billion. Majority owner Adelis Equity Partners (” Adelis”) is investing additional capital in order to support continued organic growth and consolidation in existing and new markets.
Since 2018, Presto has quadrupled its turnover driven by high organic growth and acquisitions. Presto has also expanded internationally and into new segments, such as education, first aid and AEDs, further strengthening its position as the Nordic market leader.
Presto now takes a new transformative step and acquires the German market leader Jockel, thereby becoming the leading safety services group in Europe. Following the acquisition, Presto will provide fire safety and other compliance services to more than 80,000 companies, with the help of its 1,500 dedicated employees. The enlarged group will have revenues of SEK 2.7 billion with healthy profitability.
Through the acquisition of Jockel, great value is created for customers and partners, who will gain access to an even stronger specialist in fire safety, a deeper service and product catalogue, as well as digital tools for an even safer workplace with full regulatory compliance.
"It’s with great pleasure we are welcoming Jockel, and together becoming the European market leader. We are seeing a growing demand for our services - not at least since every second company still lacks proper fire safety - and together with Jockel we will be able to help even more customers to a safer workplace under the motto "Saving lives together". Jockel and Presto are both built on strong entrepreneurial values, and we very much look forward to continuing our growth journey with our new Jockel colleagues", says Filip Bjurström, CEO of Presto
Laura Peters, CEO of Jockel, will remain in her existing role and will also join the board of directors at Presto.
"Presto is a natural partner for us, and we look forward to continuing to strengthen our positions and grow in Europe. It has been crucial for us that we already share the same values and vision to develop the industry in a positive direction. Jockel and Presto have a lot to learn from each other, and together we can become an even better company for both customers and employees. ", says Laura Peters, CEO of Jockel.
Transaction is subject to customary anti-trust approval.
For more information:
Filip Bjurström
VD och koncernchef, Presto
+46 70 202 22 20
filip.bjurstrom@presto.se
Laura Peters
VD, Jockel Brandschutz Group GmbH
+49 2234 933480
l.peters@jockel-brandschutz.de
About Presto Group
Presto is the Nordic region's leading player with a comprehensive offer in fire protection, first aid and safety training. Presto was founded in 1959 in Katrineholm, Sweden and has since grown into a group that today has a turnover about SEK 1.8 billion and has 1,000 employees in 80 locations. The company has more than 50,000 customers in the Nordics, who are offered a complete solution in safety, which aims to create security and save lives. The head office is in Stockholm, Sweden. More information: www.presto.se
About Jockel Brandschutztechnik-Service GmbH
Founded in 1999, today Jockel Brandschutztechnik-Service GmbH and its subsidiaries have become one of the leading full-service providers in fire safety within Germany. With more than 450 employees and 11 locations Jockel provides high quality products and services for more than 40.000 properties, thereby generating a revenue of about EUR 55 million. The head office is in Pulheim, Germany. More information: www.jockel-brandschutz.de