UK: Simplified structure

Skills

Posted on

30th June 2022

UK: Simplified structure

From the 30th June 2022 the trade of JENOPTIK Traffic Solutions UK Ltd will transfer to JENOPTIK UK Ltd.

Over the past few months, we have been undergoing a project to streamline our corporate structure to create a single trading entity in the UK. This simpler corporate structure will reduce our administration burden and costs.

Our previous structure consists of a trading entity ‘JENOPTIK Traffic Solutions UK Ltd’ (JTSUK) and a holding entity ‘JENOPTIK UK Ltd’ (JUK). JTSUK is a wholly owned subsidiary of JUK, and JUK is a wholly owned subsidiary of JENOPTIK Robot GmbH, which is in turn a wholly owned subsidiary of JENOPTIK AG.

The new structure will consist of JENOPTIK UK Ltd (JUK), a wholly owned subsidiary of JENOPTIK Robot GmbH, which is in turn a wholly owned subsidiary of JENOPTIK AG.

The new structure will come into force on 30th June 2022, when the trade of JTSUK will transfer to JUK. All customer, supplier and employee contracts will transfer to JUK on this date.

In future, customers and suppliers will deal solely with JUK.