Tjellesen Max Jenne

Name

Tjellesen Max Jenne

Legal name

Tjellesen Max Jenne A/S

Website

https://tmj.dk

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Taastrup

HQ country

Denmark

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Pharmaceutical Distribution: Core revenue from wholesale distribution of pharmaceutical products including prescription medicines, over-the-counter medications, vitamins, supplements, and medical equipment to Danish private and hospital pharmacies. Operates as a full-range wholesaler handling all product categories requested by pharmacies.
2. Logistics Services: Revenue from integrated logistics solutions for suppliers including storage and distribution services from warehouses in Copenhagen/Vejle, serving wholesalers throughout the Nordic region. Also includes handling of unregistered medicines (IRS) requiring special permits from the Danish Medicines Agency.
3. VBO Plus Subscription: Modular service platform generating recurring revenue from pharmacy customers for ordering optimization, inventory management, and workflow tools.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Tjellesen Max Jenne (TMJ) is a Danish pharmaceutical wholesaler and distributor that delivers the full range of pharmaceutical products—including prescription medicines, over-the-counter medicines, vitamins, supplements, natural medicines, and branded products—to private pharmacies and hospital pharmacies across Denmark. The company operates two modern, GDP-certified logistics centers in Høje-Taastrup and Vejle and offers integrated logistics solutions for pharmaceutical suppliers targeting the Nordic region, along with handling of unregistered medicines (IRS) requiring Danish Medicines Agency permits.

Product overview

Tjellesen Max Jenne (TMJ) is a Danish pharmaceutical wholesaler and distributor operating a platform-plus-modules architecture centered on its TMJ Portal and a suite of logistics and service solutions. The core offerings include VBO Plus (modular pharmacy ordering and inventory management), TMJ Retur (return management), TMJ Driftsmåling (performance measurement), TMJ Via (cross-location routing), TMJ Portal (customer web portal), and TMJ Omsorgssalgs Database (side-effect recommendation database). For suppliers, TMJ offers Integreret Logistik (integrated logistics and warehousing) and IRS (Ikke Registrerede Lægemidler) for unregistered medicines requiring special permits. The company distributes the full range of pharmaceuticals including prescription medicines, OTC medicines, vitamins, dietary supplements, natural medicines, and branded products to private pharmacies and hospital pharmacies from logistics centers in Høje-Taastrup and Vejle.

Differentiator

Problem solved

Functional benefit

Products and services

• Full-Range Pharmaceutical Wholesale Distribution Full-range wholesale distribution of prescription medicines (human and veterinary), over-the-counter medicines, vitamin products, dietary supplements, natural medicines, and branded products (including skincare) to private pharmacies and hospital pharmacies across Denmark. Operates as a full-range wholesaler covering all pharmaceutical product categories.
• Integreret Logistik (Integrated Logistics) Total logistics solution offering warehousing and distribution of supplier products from TMJ's Copenhagen (Høje-Taastrup) and Vejle facilities, with delivery to wholesalers throughout the Nordic region. Accommodates all types of pharmaceutical products with solutions tailored to each supplier's needs.
• VBO Plus

Quantifiable outcome

• Over 95% delivery capability rate
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature6 records

Partnerships

One partnership is on record.

• Logistic ContractorminorStrategic or Co-development PartnerConstruction firm that built TMJ's new headquarters and modern logistics center in Høje-Taastrup. Took first construction spade on April 24, 2019 with Mayor Michael Ziegler.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Regional players

• Norsk Medisinaldepot (NMD): Norwegian pharmaceutical wholesaler (now part of Phoenix Group) distributing pharmaceuticals to Norwegian pharmacies with full-range product portfolio. Highly comparable operating model and customer segment to TMJ, but serving the Norwegian rather than Danish market.
• HeretoLife Pharma Distribution: European pharmaceutical distribution and services provider serving hospital and specialty pharmacy channels. Comparable pharmaceutical wholesaler offering integrated logistics and specialty distribution services similar to TMJ's Integreret Logistik offering.
• Oriola Corporation: Finnish pharmaceutical distributor and retailer serving pharmacies across Finland and the Baltic region. Comparable in offering pharmaceutical wholesale distribution plus dose-dispensing and pharmacy services, but operating primarily in a different geography from TMJ's Denmark-centric base.
• Ewopharma: Swiss-based pharmaceutical distribution and marketing company serving Central and Eastern European markets with full-range pharma distribution including specialty pharmaceuticals. Comparable full-range pharmaceutical distribution model serving pharmacies and hospitals, focused on regional European markets.

Broad incumbents

• Phoenix Group: Large European pharmaceutical wholesaler and pharmacy operator with significant Nordic presence (including via acquisitions of Tamro and Nomeco activities). Operates broader portfolio (manufacturing, retail pharmacy) but with overlapping wholesale distribution to pharmacies comparable to TMJ's core business.
• McKesson Europe (formerly Celesio): TMJ's former parent and one of Europe's largest pharmaceutical distributors (LloydsPharmacy, Rowlands Pharmacy in UK; GEHE, Panpharma in mainland Europe). Engaged in identical business of pharmaceutical wholesale and distribution to pharmacies, but at significantly larger scale and across broader geography.
• Alliance Healthcare (Walgreens Boots Alliance): Major European pharmaceutical wholesaler and pharmacy distributor operating across multiple European countries, part of global retail pharmacy giant Walgreens Boots Alliance. Comparable wholesale distribution model serving community pharmacies and hospitals.

Direct peers

• Nomeco: One of the leading Danish pharmaceutical wholesalers serving pharmacies and hospitals with a broad product range. Directly comparable to TMJ in terms of customer segments (Danish private and hospital pharmacies), product portfolio (full-range pharmaceuticals), and distribution model.

Others

• NNIT (now part of Novo Nordisk): Danish IT services provider whose Axapta pharmacy management system integrates with TMJ's VBO Plus. While not a direct competitor in distribution, NNIT's pharmacy ERP is a meaningful ecosystem participant and technology partner serving the same pharmacy customer base as TMJ.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/144794902256458
• LinkedInlinkedin.com/company/tjellesen-max-jenne-a-s

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tjellesen Max Jenne