MANUFACTURING
“ We are committed to working respectfully within cultural boundaries throughout our business operations ,” says Deschamps . “ We are not the biggest , nor do we want to be the biggest either . Sustaining the right size for our Company helps us develop , nurture and maintain long-term relationships with our suppliers and customers .” In addition , maintaining their current size helps the Company maintain strict compliance measures throughout the course of doing business .
Deschamps also commented that , “ Beyond capturing organic growth in the region , we are also very interested in M & A and inorganic growth where this makes strategic sense . Such M & A activities and growth projects are constantly on our agenda . 50:50 Joint Ventures are a good example where JJ has been both active and successful in the past . Partnership is the relevant word , not dominance , to make a venture successful .”
New Joint Venture : JJ-Muntons This past March , Jebsen & Jessen and Muntons formed a new
Thailand-based joint venture : JJ- Muntons . The 50:50 joint venture agreement to manufacture specialty malted food ingredients in Thailand positions the new Company , JJ- Muntons ( Thailand ) Ltd , to become Asia ’ s preferred supplier of premium specialty malted ingredients to the food & beverage industries . The new venture is committed to a US $ 17.5 million plant to be built in Chonburi , Thailand by the end of 2015 .
This partnership brings together two companies with shared core values across the areas of customer focus , sustainability , food safety , ethical behaviour and environmental responsibility . “ We are teaming up for success and growth in Asia . Muntons ’ technology and production know-how paired with Jebsen & Jessen ’ s distribution capability in South East Asia is a winning formula for this joint venture of equal partnership ,” says Deschamps .
Key growth projects such as the JJ-Muntons joint venture promote the diversification of Jebsen & Jessen ’ s base capabilities , supporting their strategic shift away from pure distribution . “ We invest
www . chemicals . jjsea . com 157