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Japanese transportation, safety and construction manufacturer Sekisui Jushi has acquired German traffic engineering company WEMAS Absperrtechnik.
The transaction supports the Sekisui Jushi Group Vision 2030 strategy, through which the company aims to enable the safety, comfort and security of people across the globe.
Sekisui Jushi was originally a subsidiary of Sekisui Chemical. In August 2023 Sekisui Chemical sold off part of its stake in Sekisui Jushi with the result that Sekisui Jushi is no longer an affiliate of Sekisui Chemical by the equity method. The intent is “to continue to collaborate with Sekisui Jushi Corporation as a good business partner going forward.”
Sekisui Jushi already has a holding company for Europe and Sekisui Jushi Strapping in the Netherlands, employing around 45 people. The acquisition of WEMAS will add 130 more employees.
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