July 2, 2026
Wrist Group, a global leader in marine supply and logistics for the maritime industry, owned by an investment affiliate of J.F. Lehman & Company, LLC (“JFLCO”), today announces the acquisition of Military Services Australia Pty Ltd. and Downie Jones Ship Stores Limited (collectively, “MSA”), a leading provider of husbanding and maritime logistics services supporting defense and naval operations across Australia and the Indo-Pacific.
Anders Skipper, Group CFO at Wrist, commented,
“MSA represents a strategic addition to Wrist and a meaningful expansion of our capabilities in defense logistics. MSA’s established relationships and proven track record in supporting naval and government customers, combined with Wrist’s global scale and supply capabilities, create a compelling platform to enhance our capabilities and better serve defense and maritime customers.”
Peter Price, CEO of MSA, added,
“Joining Wrist marks an exciting next chapter for MSA. Wrist’s global platform and operational capabilities will enable us to expand our offering and better serve our customers. We look forward to continuing to support our customer base as part of a global organization.”
Will Hanenberg, Chairman of Wrist and Partner at JFLCO, said,
“The acquisition of MSA represents an important step in Wrist’s strategy to expand its presence in defense logistics and support services. MSA has established itself as a trusted partner to naval customers across the Indo-Pacific, and we are excited to work alongside Peter Price, Paddy Price and their team to build on that success, broaden the company’s capabilities, and drive long-term growth.”
About Wrist Group
Wrist Group is a global leader in marine supply and logistics, operating across 40 locations worldwide and serving more than 750 ports – to deliver Expert Care to the seafarers around the globe.
The company is a pioneer in the digital transformation of the maritime supply and logistics industry, streamlining the marine supply chain and procurement for customers. Committed to responsibility, Wrist continuously develops innovative solutions and services that address the industry’s growing demand for efficiency, reliability, and long-term value creation.
About Military Services Australia Pty Ltd. and Downie Jones Ship Stores Limited
(MSA)
MSA, located in Queensland, Australia, is a leading provider of husbanding and maritime logistics services, supporting defense and naval operations across Australia and the Indo-Pacific.
About J.F. Lehman & Company
Founded in 1992, J.F. Lehman & Company focuses exclusively on investing in the aerospace, defense, government, maritime, environmental, and infrastructure sectors. The firm has over $9 billion in AUM across its private equity and credit strategies and offices in New York and Washington, D.C.
Contacts:
Anders Skipper, Group CFO, Wrist Ship Supply
Phone: +45 9931 8177
Photos, press material, etc.:
Tine Lind, Director Group Marketing and Communication, Wrist Ship Supply
Email: tili@wrist.com, phone: +45 4174 8947
Wrist Ship Supply A/S
Stigsborgvej 60, 9400 Noerresundby, Denmark
