M&A Deal Summary

Jebsen & Jessen Pte. Acquires Safetech

On March 4, 2024, Jebsen & Jessen Pte. acquired machinery company Safetech

Acquisition Highlights
  • This is Jebsen & Jessen Pte.’s 1st transaction in the Machinery sector.
  • This is Jebsen & Jessen Pte.’s 1st transaction in Australia.

M&A Deal Summary

Date 2024-03-04
Target Safetech
Sector Machinery
Buyer(s) Jebsen & Jessen Pte.
Deal Type Add-on Acquisition
Advisor(s) M&A Partners (Financial)

Target

Safetech

Moe, Australia
Safetech is a designer and manufacturer of dock products, freight hoists, scissor lifts, pallet loading and handling equipment, and vehicle lifts. Safetech was founded in 1985 and is based in Moe, Victoria.

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Buyer(S) 1

Buyer

Jebsen & Jessen Pte.

Singapore, Singapore

Category Company
Founded 1963
Sector Diversified
DESCRIPTION

Jebsen & Jessen (SEA) Pte. Ltd. is a manufacturer and distributor of cable technology, ingredients, life sciences, material handling, offshore, packaging and technology businesses.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-02 Jebsen & Jessen Communications Pte

Singapore, Singapore

Jebsen & Jessen Communications (S) Pte Ltd. is a provider of IP, wireless and other communications technologies.

Sell -