Jets™ merges subsidiaries
(Thursday, September 02, 2010)
Norwegian vacuum sanitation company Jets™ merges two of its wholly owned subsidiaries into the company Jets AS, effective September 1st.
Old names to be used no more
The two subsidiaries have until now been tasked with sales in their respective markets. Jets Standard AS was established in the late 1990s to develop the market for vacuum sanitary solutions onshore, independently from the group’s maritime company Jets Vacuum AS. The two subsidiary companies’ names, associated with the Jets™ group through all these years, will not be used anymore.
- In our opinion, the onshore market is developing positively regarding vacuum sanitary solutions, making the onshore sales process less differentiated from maritime sales than what we have seen historically. As such, this is a good opportunity to merge our sales operations into one company – which in turn will help the group appear more consistent under the Jets™ brand, says CEO Jan Tore Leikanger.
- After merging the sales companies, the opportunity for a simplified and even more customer-focused business structure now presents itself to Jets™. Although we are already doing very well in customer surveys, the Jets™ group will now be more able to streamline workflows and processes. In doing so, we can also improve our customer response and service levels, Leikanger explains.
No consequences for Jets™ jobs
The merging process does not affect the number of Jets™ staff. Viewing the maritime market situation during the recent financial crisis, however, a number of the maritime staff have moved to onshore sales.
Further to this, there are no changes in the management of Jets™. The former company managers of Jets Standard AS and Jets Vacuum AS will still be managing what are now the Land & Transport and Ship & Offshore divisions of Jets AS.
The merger was officially registered in Norway’s Brønnøysund Register Centre on August 24th.
Jan Tore Leikanger
Phone: +47 - 90 65 86 30
The Jets™ group
Since the late 1980s, the Jets™ group has supplied the world's leading products in maritime sanitary technology. Today the group has more than half the world market for vacuum sanitary systems in this segment.
The technology has also been used very successfully onshore, and has vast potential for growth in land based markets where considerations like environment, water savings and water costs are growing ever more important.