Jebsen & Jessen completed the acquisition of GMA Garnet.

Jebsen & Jessen, a diversified industrial group, completed the acquisition of GMA Garnet, an integrated garnet company. Financial terms were not disclosed. “Jebsen & Jessen Group is thrilled to welcome the GMA Garnet Group to our family. For over 40 years, GMA has established itself as an industry leader, inspiring us with their ability to expand their offerings and achieve global success. This strategic move opens exciting doors for the Group as we grow beyond our traditional ASEAN base and into new territories of deeper technical expertise and value-added offerings," Heinrich Jessen, Jebsen & Jessen Chairman.