This article directly stems from the research process for our European single family office database. Our list of the 700 largest family offices in Europe includes the most important family investment vehicles that invest in various areas, such as financial markets, real estate, venture capital, private equity, and renewables.
The Danish billionaire Jensen is the owner and CEO of Linak, a linear actuator manufacturing company. His father and Bent founded the company and took over the running of the company in 1976. Forbes estimate Jansen’s net worth to be in the region of $1.2bn as of August 2022. In this article, we investigate if Bert Jensen owns a Scandinavian family office.
Jensen family operates family office through Linak
As previously mentioned, Bert took over the family business Linak from his father who founded the company in 1907, originally focusing on producing pulleys, grinding mills, and forges. In 1984, Bert rebranded the company to Linak and diverted their focus to the manufacturing of linear actuators. The Jensen family office Linak has been family owned for over 100 years and Bert has implemented plans for it to remain in the family for years to come. The Danish family office has a workforce in the excess of 2,400 employees and has established production sites in Denmark, China, USA, Slovakia, and Thailand.
Picture source: Sourosh Zagar