LAPP – LAPP Group acquires full ownership of JJ-LAPP joint venture
Singapore, January 7, 2026 – LAPP Group, global leader in the field of cable and connection technology, has acquired full ownership of JJ-LAPP.
JJ-LAPP was an equal share joint venture between Jebsen & Jessen and LAPP focused on the Southeast Asian markets. By the end of 2025, the companies have completed the transaction for the remaining 50 percent of the company shares.
The acquisition of JJ-LAPP is the largest in LAPP’s history: It marks a significant milestone for the German family-owned company’s Asia-Pacific operations.
Jebsen & Jessen Group and LAPP Group founded the joint venture in 2004 with the vision to localize German quality and innovation in Southeast-Asia. Since, it has grown into a leading cable and connectivity solutions provider with about 350 employees. JJ-LAPP manufactures in Indonesia with headquarters in Singapore and further locations in, Malaysia, Philippines, Thailand, and Vietnam. Important markets are in building infrastructure, industrial automation, renewable energy, harnessing solutions, and machine building.
Strong force in Southeast Asian connectivity solutions market
Matthias Lapp, CEO LAPP Group, says: “Southeast Asia is one of the most dynamic economic regions in the world, with rapid industrial growth, a young workforce, and increasing demand for LAPP’s advanced connectivity solutions. With this acquisition, we are taking a momentous step in our Asia-Pacific growth strategy. By combining JJ-LAPP’s local strength and entrepreneur spirit with LAPP’s German quality, innovation, and global network, we are creating a powerful force to shape the future of the Southeast Asian industry.”
Matthias Lapp sees LAPP’s largest-ever acquisition as a clear statement for the Southeast Asian market.
Richard Lee, CEO of LAPP Asia Pacific, adds: “We have long admired JJ-LAPP’s dedication to expand its footprint it the Southeast Asian market and focus on customer-centric innovation. This acquisition is not just a transaction; it’s a strategic partnership. We are committed to preserving the unique qualities that make JJ-LAPP so special while providing the resources to accelerate their growth and expand their reach.”
“After a fruitful 21-year partnership, the time is right for us to take a step back and give JJ-LAPP fully into the hands of LAPP Group. This transaction will further unlock efficiencies and synergies and ensure future strong growth for the company,” said Jebsen & Jessen Group CEO Per Magnusson.
Following the acquisition, JJ-LAPP becomes a wholly owned subsidiary of LAPP Group. The focus will be on a smooth transition, with an emphasis on maintaining the current market development plan, investing in the team, and enhancing the market offer. Both companies have agreed not to disclose the financial details of the transaction.
Richard Lee will accelerate JJ-LAPP’s growth journey in Southeast Asia.
Signing Ceremony (from left: for Jebsen & Jessen Group: Per Magnusson, Group CEO, Viktor Leendertz, Group CFO, Heinrich Jessen, Group Chairman. For the LAPP Group: Matthias Lapp, Group CEO, Jan Ciliax, Group CFO, Richard Lee, Asia Pacific CEO)
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More information on Matthias Lapp (Chairman of the Executive Board, LAPP Holding SE + Chief Executive Officer, LAPP Holding SE + Chairman of the Supervisory Board, U.I. LAPP GmbH (LA EMEA), LAPP Holding SE): See full profile on EMR Executive Service
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More information on Richard Lee (Chief Executive Officer, APAC, LAPP Group): See full profile on EMR Executive Service
More information on JJ-LAPP by LAPP Group: https://jj-lapp.com/ + JJ-LAPP was founded as a joint venture between Jebsen & Jessen and LAPP Holding Asia, a subsidiary of LAPP Group in Germany, to become the leading cable and connectivity solutions provider in ASEAN.
We bring value to our customers by localising German innovation, manufacturing our high-quality products in Indonesia, and complementing this with a suite of products sourced from world-renowned brands. This enables us to provide a wide range of solutions that maximises return on investment for our customers.
By localising German innovation, manufacturing our high-quality products in Indonesia, and complementing this with a suite of products sourced from world-renowned brands. This enables us to provide a wide range of solutions that maximises return on investment for our customers.
Jebsen & Jessen Group and LAPP Group founded the joint venture in 2004 with the vision to localize German quality and innovation in Southeast-Asia. Since, it has grown into a leading cable and connectivity solutions provider with about 350 employees. JJ-LAPP manufactures in Indonesia with headquarters in Singapore and further locations in, Malaysia, Philippines, Thailand, and Vietnam. Important markets are in building infrastructure, industrial automation, renewable energy, harnessing solutions, and machine building.
More information on Jebsen & Jessen Group: https://jj-group.com/ + Since 1963 we have worked in partnerships with global market leaders, facilitating and capitalising on opportunities in tomorrow’s markets. An industrial enterprise, our business spans engineering, manufacturing, mining and distribution activities.
We believe in doing good business, acting with integrity and respecting the people we serve, our own staff and the wider community. Our financial and organisational stability enables us to sustain the entrepreneurial spirit of our founders, always being prepared for new opportunities. Our state-of-the-art regional infrastructure facilitates cost-effective access to the diverse global markets quickly and efficiently.
We form part of a global family enterprise that dates back to a trading partnership formed in Hong Kong in 1895. Beyond the region we are closely connected to a network of sister companies in Europe and Greater China.
- 16 Countries
- > 4,000 Employees
- 21 Manufacturing, mining and processing facilities
- SGD 1.6bn Turnover
- SGD 1.8bn Assets
More information on Heinrich Jessen (Chairman, Jebsen & Jessen Group): https://jj-group.com/about-us/management-team/
More information on Per Magnusson (Group Chief Executive OIfficer, Jebsen & Jessen Group): https://jj-group.com/about-us/management-team/ + https://www.linkedin.com/in/perandersmagnusson/
More information on Viktor Leendertz (Group Chief Financial OIfficer, Jebsen & Jessen Group): https://jj-group.com/about-us/management-team/ + https://www.linkedin.com/in/viktor-leendertz-40675920/