Jebsen & Jessen Group has acquired a majority stake in Australia's Safetech, enhancing its market presence and operational capabilities in manufacturing and logistics.

Target Company Overview

Safetech is Australia's premier designer and manufacturer specializing in dock products, freight hoists, scissor lifts, pallet loading and handling equipment, and vehicle lifts. Established as a family-owned business, it has been recognized for its innovation and expertise in the field. Over 80% of Australia’s supermarkets rely on Safetech’s logistical equipment, providing essential support to various sectors including manufacturing, warehousing, mining, and commercial construction.

Industry Overview

The lifting and handling equipment industry in Australia is characterized by a robust demand fueled by a growing construction sector and increasing automation in logistics. This industry plays a critical role in supporting the efficiency of supply chains across various end-user segments. As e-commerce continues to expand, the need for advanced materials handling solutions is expected to rise, thereby presenting growth opportunities.

Furthermore, government investments in infrastructure projects and manufacturing capabilities have stimulated the market. Australian manufacturers are incr