Baker McKenzie Wong & Leow, the Singapore member firm of Baker McKenzie, has advised Jebsen & Jessen Group on its landmark acquisition of MSM Group, a leading Mongolian conglomerate.
MSM Group's extensive business interests span multiple sectors, including industrial equipment, chemicals, automotive, beverages, and agricultural equipment distribution. The transaction marks a significant milestone in Jebsen & Jessen's expansion strategy beyond its stronghold in Southeast Asia and represents its first foray into the Mongolian market.
The Baker McKenzie Wong & Leow deal team was led by M&A Principal Boo Bee Chun with support from Senior Associates Mark Tan and Alexa Jiang.
Commenting on the deal, Bee Chun said, "We are honoured to have played a role in facilitating the successful closing of this strategic acquisition, which represents a significant step for Jebsen & Jessen's growth and expansion. Our team's deep understanding of cross-border M&As, coupled with our expertise in local laws, underscore the success in navigating the deal's complexity to align with Jebsen & Jessen's long-term business vision."
The transaction adds to Baker McKenzie's growing track record of high-profile, cross-border M&A deals that the Firm has advised on, including Mitsui's JPY 4 billion joint venture with Singapore-based airline service provider SATS as well as the sale of InCorp Global by TA Associates.
Baker McKenzie is a global leader in complex transactions, offering strategic counsel to multinational corporations and financial institutions worldwide. The Firm's seasoned M&A lawyers collaborate closely with its tax, competition, employment, IP, foreign investment, and commercial specialists to provide clients with a comprehensive, end-to-end legal solution that enables them to achieve their transaction objectives.