Month: February 2020

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

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.

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

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.

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