Laundry Systems Group

Laundry Systems Group

After eight years' cooperation on the development of first Jensen Industrial Group and subsequently Laundry Systems Group (LSG), Axcel sold its shareholding in the world's leading turnkey supplier of systems and equipment for industrial laundries in two stages during the summer of 2006. One of its two divisions was sold to the American Alliance Laundry Systems in July, after which Axcel sold its shares in the other division to the original founders, the Jensen family. The company's turnover grew from DKK 350 million to approximately DKK 1.1 billion under Axcel's ownership.

Laundry Systems Group

Headquarters
Denmark
Axcel’s investment
16-01-1998