Marketer of textiles and seller of merchandise
KEY FACTS AT A GLANCE
REVENUES in €mn
As of 30 June 2021
of JCK’s revenues are generated outside of private label business, in particular through merchandising, sports and outdoor articles and through an online shop selling football kits and accessories
JCK is profiting from changes to textile trading and has been growing for many years, including through acquiring companies that expand its business segments in a sensible manner. DBAG and DBAG ECF will participate in the company’s attractive distributions.
JCK, based in Quakenbrück, Germany, evolved from a textile retail business that has been family-owned since its inception. Through organic and external growth, the company has developed to become one of the largest German textile trading companies. With its very successful private label business, JCK is a one-stop shop for large-scale retail companies. The group analyses the market, designs textiles, organises their production and ensures on-time delivery. In this business segment, which constitutes around half of its revenue, JCK is number one in Germany.
JCK has also established additional attractive business segments in recent years: after the acquisition of several companies, the group now generates 50 per cent of its revenue through merchandising articles and sports/outdoor clothing. The companies acquired use the JCK platform, allowing them to exploit economies of scale in procurement and distribution. In its new business segments, the JCK group relies heavily on the internet as its sales channel; for example, JCK has invested in 11teamsports, a fast-growing online shop selling football kits and accessories.
POTENTIAL FOR DEVELOPMENT
The JCK group aims to further proceed down the path it has paved, continuing to grow organically and through acquisitions in the business segments that have already been established. Furthermore, attractive investment opportunities could allow for the entry into additional new business segments. In this regard, the focus of JCK will be on internet-based business models.
FINANCIAL YEAR 2019
OUTLOOK AND OBJECTIVES
JCK has successfully diversified its business in recent years through acquisitions and it will continue to pursue this strategy. Based on the broader product portfolio and the consistently positive market environment, JCK’s management team expects revenues and earnings to continue rising in the future.
Paul Würth joined Deutsche Beteiligungs AG in 2018.
Paul Würth has two years of experience in the private equity sector. He began his career at PwC in transaction consulting. Paul Würth holds a Bachelor of Science in Business Administration and a Master of Science in Management from the University of Mannheim. He also studied at the University of Edinburgh and at the HEC Paris.