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AMP's Jeminex makes four acquisitions, appoints CEO
23-May-07
Written by Edited announcement

Unlisted company The Jeminex Group has announced the acquisition of four industrial supply businesses, including three based in Perth, and the appointment of former Wesfarmers exective Mark Allison as its new chief executive.

The acquisitions, with a total enterprise value of $40 million, include industrial packaging company Network Packaging, electricity product supplier Bri-Tech, industrial workwear wholesaler Noble Agencies and drilling service provider Impact Drilling.

Established in 1995 in Perth by John Smith, Noble Agencies is an importer and wholesaler of industrial clothing brand "Worksense" throughout Australia and New Zealand. The company's products include work wear, safety vests, jackets and overalls for industry, corporate clothing, waterproof industrial clothing as well as sunscreen products, reflective and school wear.

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