Jebsen & Jessen Financial Solutions launches its export financing business
With all the necessary commercial changes and legal requirements having taken place, the export financing activities of Ferrostaal Financial Solutions will now operate under the name Jebsen & Jessen Financial Solutions (JJFS). This follows on from our report last year when Ferrostaal Trading Group was acquired by Jebsen & Jessen KG, Hamburg in October 2020.
In a statement, the company says: “We now have reached another milestone of the integration into the Jebsen & Jessen Group: Ferrostaal Equipment Solutions has officially changed the company name to Jebsen & Jessen Industrial Solutions in order to align the name with other companies of the Jebsen & Jessen Group.”
The company adds: “The export financing activities - formerly known as Ferrostaal Financial Solutions – will therefore continue under the name of Jebsen & Jessen Financial Solutions (JJFS). Jebsen & Jessen Financial Solutions will continue with it’s well-known team to provide tailor-made financing structures under the cover of all major export credit agencies (ECAs) with a focus on multi-ECA covered transactions as well as transactions with numerous suppliers from various countries.”
Jebsen & Jessen Group is a family-owned, international group of companies with various business segments, such as chemicals, textiles and garnet sands etc, as well as steel trading, e-mobility and ECA covered financing solutions. Jebsen & Jessen Family Enterprise Group has a global footprint, with regional headquarters in Hamburg, Singapore and Hong Kong as well as operations in more than 80 countries.