Venturing Down Under

Jebsen & Jessen Group has expanded its presence in Australia through two significant moves: the acquisition of GMA Garnet Group and a strategic partnership with Safetech. This aligns with the Group’s ‘Advance & Build’ strategy to bolster growth through targeted acquisitions and partnerships.

GMA Garnet Group

The acquisition of GMA Garnet Group (GMA) took place in April 2024, with Jebsen & Jessen acquiring the world’s largest and only fully integrated garnet company. This is the Group’s largest investment to date. It sees the creation of a new and sixth business unit within the Group and a second business unit with a global footprint.

“This strategic move opens exciting doors as we grow beyond our traditional ASEAN base and into new territories of deeper technical expertise and value-added offerings,” said Heinrich Jessen, Chairman of Jebsen & Jessen Group.

Jebsen & Jessen will provide investment, resources, and support for GMA’s next phase of development, including capital investments for increased mining and processing capacities.

“With access to the Group’s expertise and resources, we can increase our operations, ensuring long-term sustainability and efficiency across all our facilities,” said Grant Cox, CEO of GMA.

Safetech

In March 2024, Jebsen & Jessen Group entered into a partnership to acquire a majority stake in Safetech, Australia’s premier provider of dock products and lifting solutions. This collaboration integrates Safetech’s sales, engineering, and manufacturing strengths with the Group’s Material Handling division.

“Safetech’s long-standing leadership in the market, coupled with their unwavering commitment to excellence and shared values that closely resonate with our own, distinguishes them as an exceptional partner," said Per Magnusson, Group CEO of Jebsen & Jessen Group.

Under the agreement, Safetech’s operations will continue unchanged, maintaining its Australian-based engineering and manufacturing capabilities while leveraging the Group’s support to expand its market reach and product offerings.

“This partnership with Jebsen & Jessen will help us maintain our legacy of Australian engineering and manufacturing as we continue to grow,” said Lindsay Wakefield, Founder and Managing Director of Safetech, who retains a minority stake in the business.

Combined, these strategic initiatives underscore the Group’s commitment to enhancing its capabilities, expanding its footprint in Australia, and reinforcing its leadership in key industrial sectors.