Jebsen & Jessen completed the acquisition of Safetech.

Jebsen & Jessen, a diversified industrial conglomerate, completed the acquisition of Safetech, a lifting solutions company. Financial terms were not disclosed. “We are honoured to warmly welcome Safetech’s 180 experienced colleagues into the Jebsen & Jessen Family. Safetech's long-standing leadership in the market, coupled with their unwavering commitment to excellence and shared values that closely resonate with our own, truly distinguishes them as an exceptional partner,” Per Magnusson, Jebsen & Jessen Group Group CEO.