Front row: Hans Michael Jebsen (Chairman Jebsen & Co Ltd), Heinrich Jessen (Chairman Jebsen & Jessen Group), Per Magnusson (CEO Jebsen & Jessen Group)

Back row: Jacqueline Tan (Group Director - Corporate & Legal Affairs, Jebsen & Jessen Group); Viktor Leendertz (CFO, Jebsen & Jessen Group);  Fritz Graf von der Schulenburg (Managing Partner, Jebsen & Jessen Hamburg Group); Stephan Kirsch and  Patrick Largier (Board members of Garnet International Resources Pty Ltd),  Dr Thomas Robert Wetzer (Jebsen Capital), Grant Cox (CEO, GMA Garnet Group) and Olivia Chua (CHRO, Jebsen & Jessen Group).

We are pleased to announce the sale of GMA Garnet Group to Jebsen & Jessen Group.

Already a strong part of the Jebsen & Jessen family enterprise, shareholders Hans Michael Jebsen, Heinrich Jessen and the board deemed bringing GMA under a corporate umbrella within the family would be the ideal path forward. Jebsen & Jessen Group secured the transaction of the four-decade old company in April and will finalize the settlement once regulatory approvals have been achieved.

"We are pleased to announce GMA’s full acquisition by Jebsen & Jessen Group,” said CEO Grant Cox.

“Joining Jebsen & Jessen Group presents a tremendous opportunity for GMA, with the investment underscoring our potential and supporting our vision for expansion and innovation. It enables us to enhance our operations and ensures long-term sustainability and efficiency across all sites.

“As we advance, our focus remains on leveraging this partnership to extend our mine life and achieve growth objectives. We are committed to delivering value for our customers through this new phase of development.”

“We are excited to welcome GMA to the Jebsen & Jessen Group,” said Heinrich Jessen, Chairman of Jebsen & Jessen Group.

“GMA has built an impressive track record over the forty years since its founding, moving steadily up the value chain and attaining global reach. This investment allows Jebsen & Jessen Group to widen our industrial portfolio into exciting new realms – both geographically and technically.”

This acquisition marks the creation of a new Business Unit for Jebsen & Jessen Group – their second with a global footprint.

“Thank you to our Global team partners and stakeholders for your continuous support,” Grant concluded. “As a core part of the Jebsen & Jessen Group, we look forward to a future of sustained growth and success.”