Transaction Update: Jebsen & Jessen to divest its 50% stake in MHE-Demag to Finnish cranes group Konecranes for c. SGD 222 million.
The transaction we announced on 5 December 2019 on the sale of Jebsen & Jessen's 50% stake in MHE-Demag to Konecranes for c. SGD 222 million has completed on 2 January 2020.
Acquisition of a 25% stake in MHE-Demag (P), Inc. by MHE-Demag (S) Pte. Ltd. from First Philippine Holdings
Pickering Pacific is pleased to announce that as part of our work on the sale of Jebsen & Jessen’s 50% stake in MHE-Demag to Konecranes signed on 5 December 2019, we also advised Jebsen & Jessen on the earlier acquisition by MHE-Demag (S) Pte. Ltd. of the 25% of MHE-Demag (P), Inc. owned by First Philippine Holdings.
Jebsen & Jessen to divest its 50% stake in MHE-Demag to Finnish cranes group Konecranes for c. SGD 222 million.
Pickering Pacific is pleased to announce that it acted as exclusive financial advisor to Jebsen & Jessen on the sale of its 50% stake in MHE-Demag to Konecranes for c. SGD 222 million.
Joint Venture in the Philippines Food Sector
Pickering Pacific is pleased to announce that it acted as exclusive financial advisor to Johnsonville on its agreement with Frabelle Fishing Corporation to jointly manufacture, distribute and sell chilled and frozen meat products in the Philippines.
Acquisition of Qualspec Group, an Australia-headquartered testing, inspection and audit company, with main operations in China
Pickering Pacific is pleased to announced that it acted as exclusive financial advisor to Worms Safety on its acquisition of Qualspec Group.
Sale of Jebsen & Jessen's stake in JJ-Muntons (Thailand) Ltd
Pickering Pacific would like to announce that it acted as exclusive financial advisor to Jebsen & Jessen Ingredients, a subsidiary of Jebsen & Jessen, in the sale of its stake in JJ-Muntons (Thailand) Ltd to Muntons Ingredients (Thailand) Limited, the subsidiary of Muntons plc, a leading UK malted ingredients manufacturer.
Personnel Changes at Pickering Pacific
Pickering Pacific would like to announce personnel changes.
Series A fundraising for SuperOrdinary.co, a China-based e-commerce start-up
Pickering Pacific is pleased to announce that is acted as exclusive financial advisor to the founder of SuperOrdinary.co on its Series A capital raise from a consortium of global investors.
Promotion of Lissa Wong
Pickering Pacific is delighted to announce the promotion of Lissa Wong effective 1 January 2019.
Promotion of Jansen Gunardi and Yan He
Pickering Pacific is delighted to announce the promotions of Jansen Gunardi and Yan He.
Pickering Pacific, together with LPA-CGR and Asia Pack, gave a talk in Hong Kong
Erwan Meurzec gave a talk at the French Chamber of Commerce and Industry in Hong Kong on "Selling a privately-owned company - a triple perspective on how to prepare for and execute a successful exit".
Terra Alliance meeting in London
Pickering Pacific attended the Terra Alliance’s 33rd international corporate finance meeting in London.
Pickering Pacific's new office
Pickering Pacific has recently expanded its office space in Singapore to accommodate its growing team.
Talk on "Succeeding at Mergers & Acquisitions in Southeast Asia and China"
Jacques Pickering presented a talk on “Succeeding at Mergers & Acquisitions in Southeast Asia and China: How to identify targets, approach their owners and execute their acquisitions” at the French Chamber of Commerce in Singapore on 21 November 2017.
Acquisition of Pyrometro Services, a calibration service provider in Malaysia
Pickering Pacific is pleased to announce that it acted as exclusive financial advisor to Trescal, a France-based calibration services provider in the acquisition of Pyrometro Services in Malaysia.
Acquisition of Asiapack, a Hong Kong-based provider of value-added contract packaging services
Pickering Pacific is pleased to announce that it acted as exclusive financial advisor to Asiapack Limited's shareholder on the sale of a majority stake in the company to Elanders Group (Sweden).
Sale of Lohr Industrie's stake in Lohr Industrial Co Ltd (China)
Pickering Pacific is delighted to announce that its client Lohr Industrie has completed the sale of its stake in Tianjin Lohr Industrial Co Ltd in China.
Acquisition of Bitsmedia, a Singapore-based developer of mobile application Muslim Pro
Pickering Pacific is pleased to announce that it acted as exclusive financial advisor to Bitsmedia’s shareholder on the sale of a majority stake in the group to private equity funds Affin Hwang Asset Management (Malaysia) and CMIA Capital Partners (Singapore).
Completion of Norma Group’s acquisition of 80% stake in Fengfan Fastener
Pickering Pacific is pleased to announce that its client Norma Group has successfully completed its acquisition of 80% of the shares in Fengfan Fastener (Shaoxing) Co Ltd
Promotions of Erwan Meurzec and Yimin Bai
Pickering Pacific is delighted to announce the promotions of Erwan Meurzec and Yimin Bai.