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Learn about the latest happenings at Pickering Pacific

News & Events

Divestment of Aliaxis' operations in Southeast Asia to LESSO Group

Pickering Pacific advises Aliaxis, a global leader in plastic piping systems, on the divestment of its operations in Southeast Asia to LESSO Group.

Johnsonville acquires a 100% stake in PrimaBaguz, a Malaysia-based manufacturer of halal meat-based products

Pickering Pacific is delighted to announce that it acted as exclusive financial advisor to Johnsonville, a US-based processed meat manufacturer, on the acquisition of a 100% stake in PrimaBaguz, a Malaysia-based halal meat-based manufacturer, from Ekuiti Nasional Berhad (Ekuinas), a Malaysia government-linked private equity firm.

Transaction Update: Sale of Speedy Industrial Supplies, a leading Singapore-based EMS solutions provider, to BizLink Holding

The transaction we announced on 27 February 2020 regarding the sale of a 100% stake in Speedy Industrial Supplies to BizLink Holding Inc., has completed on 7 April 2020.

COVID-19 Measures

Transaction Update: Jebsen & Jessen acquires a 60% stake in PT Indo Tirta Abadi, a beverage packaging manufacturer in Indonesia.

The transaction we announced on 3 February 2020 regarding the acquisition by Jebsen & Jessen of 60% of PT Indo Tirta Abadi (“ITA”), an Indonesia-based beverage packaging manufacturer, has completed on 6 March 2020.

Sale of Speedy Industrial Supplies, a leading Singapore-based EMS solutions provider, to BizLink Holding

Pickering Pacific advises the shareholders of Speedy Industrial Supplies on the sale of their 100% stake to BizLink Holding.

Jebsen & Jessen acquires a 60% stake in PT Indo Tirta Abadi, a beverage packaging manufacturer in Indonesia.

Pickering Pacific is delighted to announce that it acted as exclusive financial advisor to Jebsen & Jessen on the acquisition of a 60% stake in PT Indo Tirta Abadi (“ITA”), an Indonesia-based beverage packaging manufacturer. ITA’s 2019 revenue was SGD 42m and it employs 500 people. The transaction was signed on 31 January 2020 and is expected to close in early March 2020.

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.

Arrival of Chakkhapong Pornbenjapukkul

On 22 July 2019, Chakkhapong Pornbenjapukkul joined Pickering Pacific as an analyst based in Singapore.

Arrival of Yang Le

On 20 June 2019, Yang Le joined Pickering Pacific as an analyst based in Singapore.

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. 

Arrival of Thomas Do

On 27 May 2019, Thomas Do joined Pickering Pacific as an analyst based in Singapore.

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.

Promotion of Kornchawan Amornkul

Pickering Pacific is delighted to announce the promotion of Kornchawan Amornkul to the position of Associate.

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).

Arrival of Luke Nguyen

On 20 September 2017, Luke Nguyen joined Pickering Pacific as an analyst based in Singapore.

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.

Norma Group’s acquisition of 80% stake in Fengfan Fastener

On 28 March 2017, Norma Group announced that it signed an agreement to acquire 80% of Fengfan Fastener (Shaoxing) Co Ltd, a manufacturer of joining products in China, for an undisclosed sum.

Acquisition of the Equipment and Response business of Jebsen & Jessen Offshore

Pickering Pacific would like to announce that it acted as exclusive financial advisor to Jebsen & Jessen Offshore, a subsidiary of Jebsen & Jessen South East Asia, in the sale of its Equipment and Response business.

Arrival of Yan He

In August 2016, Yan He joined Pickering Pacific as an analyst based in Singapore. Yan is a Chinese national who completed her Masters of Engineering from Massachusetts Institute of Technology.

Arrival of Lissa Wong

In June 2016, Lissa Wong joined Pickering Pacific as an analyst based in Singapore. Lissa is a Singaporean national who graduated from Singapore Management University with a Bachelor of Business Management.

Acquisition of the Communications Division of Jebsen & Jessen group of companies in Southeast Asia

On 2 February 2016, Dimension Data, the USD 8 billion global ICT solutions and services provider, announced that it has completed the acquisition of the communications division of the Jebsen & Jessen Group of companies in Southeast Asia, for an undisclosed sum.

Getz Healthcare, advised by Pickering Pacific, acquired the healthcare business of Jebsen & Jessen in Thailand

Pickering Pacific is pleased to announce that it acted for Getz Healthcare, a Pan Asian distributor of medical devices and equipment, on its successful acquisition of the healthcare business of Jebsen & Jessen in Thailand on 1 November 2015.

Norma Group’s acquisition of the remaining 15% shares of Chien Jin Plastic

Pickering Pacific is pleased to announce that its client, NORMA Group, a global market and technology leader for engineered joining technology based in Germany, acquired the remaining 15% of the shares of Chien Jin Plastic on 7 February 2014

Arrival Of Jansen Gunardi

In October 2013 Jansen Gunardi joined Pickering Pacific as an analyst based in Singapore.

Indonesia plans to ease foreign investment restrictions in 64 sectors, but increase restrictions in 21 others

On 15 February 2016, the Coordinating Ministry for Economic Affairs of Indonesia released a draft revision to the Indonesian Negative Investment List, also known as Daftar Negatif Investasi (DNI).

Talk at Asia Investment Banking Conference

Jacques Pickering presented a talk on mid-sized acquisitions in East Asia at the Asia Investment Banking Conference (AIBC) held on 6 September 2013 at the Hong Kong Convention & Exhibition Centre.

Terra Alliance website goes live

We are pleased to announce that the new website for Terra Alliance has gone live.

Terra Corporate Finance Alliance

Pickering Pacific is the Terra member covering East Asia (Greater China and Southeast Asia). Through Terra, Pickering Pacific offers enhanced access to and identification of potential transaction partners around the world.