News

Manufacturing

Staff Reporter

, Singapore

Published:

3 months ago

Photo via Jebsen & Jessen (Press photo) Per Magnusson, CEO of Jebsen & Jessen Group and Mark Gabel, CEO of MSM Group

Jebsen & Jessen acquires Mongolia-based company MSM

MSM will be the seventh business unit within Jebsen & Jessen.

Jebsen & Jessen Group announced the acquisition of MSM Group, a Mongolia-based company in Ulaanbaatar.

It will be the seventh business unit within Jebsen & Jessen Group and the latter’s third acquisition in six months following that of GMA Garnet and Safetech.

MSM Group is a distributor of more than 50 international brands including Jebsen & Jessen.

The founders of MSM Group, Laurenz Melchers and David Reiner, will remain minority shareholders alongside CEO Mark Gabel. MSM Group will continue to operate under its current company name and leadership, and maintain its operations and business proceeding as usual.

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Jebsen & Jessen Group Services

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