This agreement, once in force, will enable a more streamlined and optimised supply-chain setup across ASEAN. The name of the business will be changed in due course to reflect the new ownership.

Nov 08, 2025

JJ-LAPP’s shareholders have signed an agreement with Jebsen & Jessen to divest its 50% stake in the joint venture to the LAPP Group, which will become the sole owner of the business.

This agreement, once in force, will enable a more streamlined and optimised supply-chain setup for the benefit of the customers across ASEAN. At completion all activities, including the fast-growing renewable energy business, will continue. The name of the business will be changed in due course to reflect the new ownership.

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Formed in 2004, the JJ-LAPP joint venture has grown from a single-digit million dollar cable distributor into a leading connectivity solutions provider with more than USD 200 million turnover across ASEAN.

“This transaction will further unlock efficiencies and synergies and ensure future strong growth for the company,” said Jebsen & Jessen Group CEO Per Magnusson.

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“The joint venture has thrived for over two decades, and we are looking forward to being closer to our customers in the region through this agreement,” said LAPP Asia Pacific CEO Richard Lee.