Latest JENNMAR News & Updates

See the latest news and media coverage for JENNMAR. We track all announcements, press releases, and industry mentions in real time, all in one place.

JENNMAR

Ground support and industrial products manufacturer

jennmar.com

Headquarters: Pittsburgh, United States
Founded year: 1972
Company type: Private company
Number of employees: 1,000–5,000
Industry: Mining Support Services & Equipment

Last updated August 31

Latest news about JENNMAR

In short: JENNMAR secured KPS majority investment, named new CEO, and expanded globally through acquisitions.

Company announcements

August 31 JENNMAR

Jennmar establishes a five-year partnership with Outokumpu's Kemi Mine

This collaboration supports ground operations at Europe's only operational chrome mine and marks the establishment of Jennmar Finland for regional expansion.

June 17 JENNMAR

Jennmar completes majority investment and names Dave Webster as CEO

KPS Capital Partners acquires the stake while founder Tony Calandra transitions to a board member role.

March 11 JENNMAR

Jennmar announces a majority investment from KPS Capital Partners

The private equity firm will acquire a controlling stake while existing shareholders retain minority positions to fuel global expansion and product innovation.

July 31, 2025 JENNMAR

Jennmar acquires Weber Mining & Tunnelling to expand global operations

The deal integrates French resin specialists into Jennmar’s portfolio, strengthening European mining solutions while retaining existing manufacturing plants and leadership teams.

Media coverage

March 11 MarketWatch

(CNW) KPS CAPITAL PARTNERS TO ACQUIRE A CONTROLLING INTEREST IN JENNMAR

NEW YORK, March 11, 2026 /CNW/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a definitive...

March 11 MarketWatch

KPS CAPITAL PARTNERS TO ACQUIRE A CONTROLLING INTEREST IN JENNMAR

NEW YORK, March 11, 2026 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a definitive...

March 11 Yahoo Finance

Jennmar Announces Majority Investment by KPS Capital Partners

PITTSBURGH, March 11, 2026 /PRNewswire/ -- Jennmar (the "Company"), a leading global provider of infrastructure products and specialized services to the civil, solar, mining, and...

March 11 PR Newswire

KPS CAPITAL PARTNERS TO ACQUIRE A CONTROLLING INTEREST IN JENNMAR

/PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire a...

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