June 4, 2024

Industry News

Jennmar Acquires Majority Stake In Australian Steel & Wire

The American headquartered company, Jennmar, has announced its acquisition of a majority stake in Australian Steel & Wire (ASW), a manufacturer of wire mesh and related products. It is expected that ASW will build on Jennmar’s existing wire mesh expertise and expand its offering of cost-effective wire mesh and related products throughout APAC, Europe and North America. ASW will be integrated into the Jennmar Australia group of companies.

Jennmar is a leading global provider of infrastructure products and specialized services to the civil infrastructure, solar, mining and construction industries. For more than 100 years, Jennmar´s focus has been on manufacturing products and providing solutions that help keep workers safe and productive. Jennmar Australia was established in 1997 and manufactures ground support products in New South Wales, Queensland and Perth.

“ASW is excited to join the global Jennmar business as a provider of high-quality mesh and wire products to an extended customer base around the globe. We see tremendous opportunity in working together as part of the Jennmar team and the new growth this will bring to the ASW business,” said Richard Sobey, CEO of ASW.

“Richard has built a solid team and has many years of mesh manufacturing expertise to add to the Jennmar group of companies. We look forward to expanding ASW’s capabilities and utilizing its low-cost operations in Malaysia to serve our growing international hard rock and soft rock base,” said Tony Calandra, CEO of Jennmar.

“The integration of ASW into Jennmar Australia cements the supply relationship we have had with ASW for many years. We are really looking forward to working alongside the team at ASW to unlock further technical and commercial benefits for all our stakeholders,” said Gareth King, Managing Director of Jennmar Australia.

ASW’s product range includes galvanized and stainless-steel welded mesh, cut wire, wire coils, 358 security mesh, temporary fencing infill panels, barb wire, fencing wire, tie wire, hinge joint farm fencing, and dog mesh supporting the building, industrial, mining and rural farming industries.

For further information, visit the Jennmar Australia website: www.jennmar.com.au