JH Holding’s objective is to support the development of an ecosystem of independent family-run companies in the packaging industry. The aim is always to offer them real prospects and open up opportunities for growth.
The spectrum ranges from offers such as access to relevant market data (market intelligence) to practical support in opening up new opportunities for growth (business intelligence). At the same time, JHH is driving forward the development of digital platforms that enable independent companies to cooperate in partnership virtually.
In individual cases, financial support in the form of minority stakes, financing solutions for implementing growth projects or support with issues of succession and safeguarding the continued existence of the company may also be part of the portfolio.
Each commitment is decided upon individually. However, in principle JH Holding will take on no more than 24.9% of the shares, regardless of the specific requirement. “We’re keen to preserve the market diversity in this industry. This also means that our commitment will not result in a situation where we dominate the running of the business. That's why it's so important for us that our commitment only ever involves a minority stake,” explains Jürgen Heindl, Managing Director of JH Holding.
In addition to the existing customer relationships that make use of the services that the company offers, the first financial commitments are now also coming on stream: from this January, JHH will have a minority stake in Akarton GmbH. The company plans to keep promoting its successful growth. Also in the first quarter, the intention is to acquire a minority stake in the Polish company Poprawa P.S.A. The aim is to secure a succession solution, thus enabling the company to keep operating as an independent company.
Progroup AG, the holding company’s largest subsidiary, will keep focusing exclusively on the production of containerboard and corrugated sheetboards as well as energy generation. This ensures that the company won’t compete with its customers in the future.
“By offering this diverse portfolio, we’re supporting the ecosystem of independent family-run companies in the packaging industry and making a contribution not only to safeguarding the many family businesses in the industry, but in particular also ensuring the industry’s future viability,” concludes Jürgen Heindl.