Saga comments

With Stokke Industri, Jets have found a strong, long-term partner with local anchoring and proven industrial competence. It will be interesting to follow the further development of Jets, especially the opportunities within land-based applications.

Ivan Alver, Partner

Saga Corporate Finance advised a group of shareholders in the sale of a minority stake to Stokke Industri AS.

Jets AS is a world leading provider of specialized vacuum technology. Initially the system was developed as a sanitary solution for ships-and offshore vessels, but is now also offered to several types of land based applications such as cabins, buildings, supermarkets, trains, and more. Jets AS is located in Hareid, has more than 100 employees and annual revenues of around MNOK 400.

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Facts

  • Commissioned by: Gjerde family
  • Assigment: Sales mandate
  • Industry: Vacuum sanitary systems
  • Number of employees: 100

Financial history

Revenues (NOKm)
  • 287
  • 340
  • 380
  • 422
  • 380

Jets AS is a world leading provider of specialized vacuum technology solutions for vessels and land-based applications.