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.