Sekisui Jushi to acquire WEMAS from Gimv and Paragon Partners.

Sekisui Jushi, a sign manufacturing company, agreed to acquire WEMAS, a manufacturer of professional safety products for construction sites, from Gimv and Paragon Partners, private equity firms. Financial terms were not disclosed. “The management team is looking forward to continuing to offer innovative and market-leading solutions to our customers. In doing so, we will benefit from the complementary expertise and geographic presence of our new owner SJC,” Dirk Gößling, WEMAS CEO.