JENSEN-GROUP and MIURA complete the creation of a heavy-duty laundry Joint-Venture in Japan

JENSEN-GROUP announces that on April 3, 2023 the Transaction as published in the press release March 9, 2023 is completed. JENSEN-GROUP acquired 49% of the shares of Inax Corporation (“Inax”), a Japanese wholly owned subsidiary of MIURA, whereas MIURA has now 20% of the voting rights in the JENSEN-GROUP through a contribution of 49% of the shares of Inax and an add-on capital increase in cash.

A draft listing prospectus will be filed within 20 business days with the FSMA for approval with a view to the listing of the newly issued shares on Euronext Brussels.