Jennmar Expands International Reach With Weber Acquisition

Wedoany.com Report-Aug. 12, Jennmar, a provider of infrastructure products and services to industries such as civil, solar, mining, and construction, has acquired Weber Mining & Tunnelling SAS and its subsidiaries (Weber). This acquisition strengthens Jennmar’s international presence and expands its reach, leveraging Weber’s manufacturing facilities and established customer relationships.

Weber has more than 60 years of expertise.

Weber, headquartered in France, specializes in producing resins and foams used in mining and tunnelling. With over 60 years of expertise, Weber’s products cater to international clients in hard-rock mining, civil and tunnelling, and soft-rock mining sectors. The acquisition enhances Jennmar’s mining solutions by adding Weber’s innovative products to its portfolio.

Jennmar’s expansion is further supported by Weber’s manufacturing plants in France and Poland, which will improve Jennmar's access to international markets. The acquisition also aligns with Jennmar’s broader strategy to strengthen its chemical and steel business in Europe and the Asia-Pacific region.

Jennmar CEO Tony Calandra expressed excitement over the acquisition, stating: “At Jennmar, we have had the privilege of knowing Frank Weber [Weber CEO] and watching the remarkable growth of the Weber business for over two decades, and I’m proud to welcome him and the talented team at Weber to the Jennmar family.”

The acquisition is seen as a major step in Jennmar’s global diversification efforts. FalconPoint co-founder and CIO Andrew Singer remarked: “We congratulate the Jennmar and Weber teams on this important transaction, which further expands Jennmar’s international footprint and diversification efforts – and firmly establishes Jennmar as a category leader capable of meeting customers where they are, across segments and products.”

Frank Weber, CEO of Weber, added: “As a family-owned business since our founding in 1960, we believe taking this important next step for Weber’s future could only be possible with the right partner.”

Following the acquisition, Weber will continue to operate under its current name, maintaining its services and facilities in France, Poland, Turkey, Australia, and Mexico.

Evercore acted as the financial advisor to Jennmar, and Lowenstein Sandler served as its legal advisor. Rothschild & Co. provided financial advisory services to Weber, with Hogan Lovells (Paris) acting as Weber’s legal advisor.