Expansion of product range and customer base
€14.9mn
Equity investment
€786mn
Revenues 2018 (EXP.)
1,530
Employees 2018

KEY FACTS AT A GLANCE

  • Successful expansion of the business outside of private label textile trading
  • Positive development of all business segments
  • Revenues expected to significantly outstrip previous year; earnings also significantly higher than expected

JCK HOLDING GMBH TEXTIL KG

Investment by
DBAG ECF

€14.9mn

DBAG'S INTEREST

€8.8mn

GROWTH FINANCING
Shareholders:
DBAG ECF

16.0%

EQUITY SHARE BELONGING TO DBAG

9.5%

other shareholders

84.0%

First invested

 1992/2015

REVENUES in €mn

 

637

 

2016

 

668

 

2017

 

786

 

2018 (EXP.)

As of 30 September 2018

50

PERCENT

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.

PAUL WÜRTH
ASSOCIATE

PROFILE

The JCK group, 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% 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 2018

Last year’s growth-related expenses and investments led to higher revenues and contributions to earnings in 2018. JCK again expects to significantly exceed the record level of revenues in the 2017 financial year. The e-commerce shop for football merchandise, the private label textile trade, and sport and outdoor articles have particularly contributed to this; these business segments have seen thoroughly positive development in recent months. JCK’s earnings in 2018 will also be significantly higher than originally planned and are expected to exceed the previous year’s figure.

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.

Responsible team member

Jarno Schäfermann
Jarno Schäfermann

Managing Director

Jarno Schäfermann
Name:
Jarno Schäfermann
Telephone:
+49 69 95787-260
E-Mail:

Jarno Schäfermann

Managing Director

Jarno Schäfermann joined the Deutsche Beteiligungs AG team in 2012 as a Managing Director.

After finishing his professional training in the publishing industry, he earned his degree in Business Administration from Freie Universität Berlin, with the support of a scholarship from Axel Springer AG. He began his career at the auditing firm KPMG in 2001in the corporate finance area, where he advised financial and strategic investors on corporate transactions and financial issues and also worked for one year as the assistant to the business unit director.

Jarno Schäfermann has more than 12 years of experience in private equity. Before joining DBAG, he worked for a Hamburg-based private equity firm, where he spent many years as a member of the investment team, supporting numerous ‘Mittelstand’ buyouts. In 2011 he then moved to the management board of a portfolio company and played a leading role facilitating its divestment.

Current portfolio companies

JCK Holding GmbH Textil KG Novopress KG Rheinhold & Mahla GmbH

Former portfolio companies

Jarno Schäfermann

Managing Director

+49 69 95787-260
jarno.schaefermann@dbag.de