Singapore's Jebsen & Jessen Group acquires a majority stake in MSM Group, a long-time distributor of their industrial products in Mongolia for over a decade. This acquisition makes MSM Group the 7th subsidiary in the Jebsen & Jessen portfolio.

💎 The next chapter of MSM

Founded in 1998, MSM Group, a prominent Mongolian conglomerate, introducing international premium brands in Mongolia. The company’s operations span multiple sectors, including automotive, industrial, chemical, agriculture, and liquid food, and it remains a key distributor for over 50 global brands.

• 🧮 Changes in the shareholder structure: The Mongolian Investment Fund, previously a shareholder in MSM Group through its subsidiary, Mongolia Equipment Services (MES), divests its stake. This reduces the number of shareholders from 4 to 3, with only the 2 founders and Jebsen & Jensen remaining.
• 🚀 Potential growth: The sale to Jebsen & Jessen not only expands the latter’s geographical reach but also strengthens its distribution efficiency. For MSM Group, this partnership promises continued support and growth. 

😉 Don’t worry! MSM will be the same old MSM

Despite becoming a subsidiary of Jebsen & Jessen, MSM Group to retain its name and management. As the company states, there are no immediate plans to shift focus or enter new sectors, rather, MSM Group aims to enhance its current operations and expand its collaborations within its existing fields.

Ultimately, the acquisition of MSM Group by Singapore’s Jebsen & Jessen Group marks a significant strategic move for both entities. For Jebsen & Jessen, integrating MSM Group into their portfolio not only extends their footprint into Mongolia but also enhances their distribution network across diverse sectors. This acquisition reflects a broader trend of global conglomerates seeking growth opportunities in emerging markets.

For MSM Group, this transition promises stability and continued growth under the stewardship of a well-established international player.