Singapore's Jebsen & Jessen Group acquires Mongolia's MSM Group to expand market presence.

Jebsen & Jessen Group, a Singaporean industrial conglomerate, has acquired Mongolia's MSM Group to enhance its market presence in the region. Founded in 1998, MSM Group is a key player in sectors including industrial equipment and agriculture. This acquisition positions Jebsen & Jessen Group as a leader in Mongolia's growing market, allowing both companies to leverage their strengths while MSM Group continues to operate under its existing leadership and brand.

September 02, 2024
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