It all started with the signing of an agency and manufacturing licence agreement between Singaporean based Jebsen & Jessen (SEA) and the German Demag Foerdertechnik AG, which formed Material Handling Engineering Ltd in 1972. The two partners would provide a strong backbone to the newly formed company, bringing in the very best of their respective corporate worlds. Jebsen & Jessen, a diversified regional business group operating in South East Asia, would provide the strong regional footprint, market knowledge and network, while Demag Foerdertechnik AG—later to eventually become Demag Cranes & Components—would bring in their high-quality products and know-how, as one of the world's leading suppliers of industrial cranes, crane components, harbour cranes and port automation technology.
As soon as the conclusion of the agency and licensing contract was settled with Demag Foerdertechnik AG, MHE Singapore and MHE Malaysia in Kuala Lumpur were formed as wholly-owned subsidiaries of Jebsen & Jessen, Singapore.
Still in the inaugural year, our new company could also reach an agency agreement for Vahle Power Systems – a partnership that also continues to this date. We still offer a comprehensive range of Vahle power electrification rail systems which are widely used in high-tech industries such as electronics, car assembly, communications and heavy industries, namely steel mills, shipyards and ports. The new addition to our product portfolio went hand in hand with our crane range, so we were capable to deliver a more complete set of solutions to our customers.
Signing the agency and manufacturing licence agreement between Jebsen & Jessen and Demag Foerdertechnik.