Jebsen & Jessen Group acquires MSM Group, a diversified distribution group in Mongolia

Pickering Pacific is delighted to announce that it acted as the exclusive financial advisor to Jebsen & Jessen, the Singapore-based diversified industrial conglomerate, on its acquisition of Mongolia-based MSM Group.

Established in 1998, MSM Group is one of the leading conglomerates in Mongolia, spanning multiple sectors including industrial equipment, chemical, automotive, beverage and agricultural equipment distribution. The group is a strategic partner of Oyu Tolgoi, the world’s third-largest copper mine operated by Rio Tinto.

This transaction marks the second acquisition in the last six months on which Pickering Pacific advised Jebsen & Jessen and our eighth completed transaction for this client.

For more details, click here