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.

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.

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.

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.

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. 

Pickering Pacific is pleased to announced that it acted as exclusive financial advisor to Worms Safety on its acquisition of Qualspec Group.

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.

Pickering Pacific would like to announce personnel changes.

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. 

Pickering Pacific is delighted to announce the promotion of Lissa Wong effective 1 January 2019.

Pickering Pacific is delighted to announce the promotions of Jansen Gunardi and Yan He.

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".

Pickering Pacific attended the Terra Alliance’s 33rd international corporate finance meeting in London.

Pickering Pacific has recently expanded its office space in Singapore to accommodate its growing team.

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.

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.

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).

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.

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).

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