Lindeteves-Jacoberg Limited
Lindeteves-Jacoberg Limited was a Singapore-based investment holding company associated with the distribution and manufacture of electric motors.
Last updated August 31, 2026
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Overview
Lindeteves-Jacoberg Limited, commonly abbreviated as LJL, was a Singapore-based investment holding company whose subsidiaries operated primarily in the electric-motor distribution business. The company was founded in 1947 and was listed on the Stock Exchange of Singapore. Although its corporate structure was based in Singapore, its industrial activities extended across several international markets through businesses associated with Brook Crompton, Western Electric, and other motor-manufacturing operations. The company originally had a broader industrial profile than its later distribution-focused structure. Its activities included the production and distribution of electric motors, power-generation equipment, waste-treatment systems, and engineering services. During the 1990s and early 2000s, LJL expanded through acquisitions. It bought Australian motor manufacturer Western Electric in the 1990s, acquired German manufacturer Schorch in 2001, and purchased British motor manufacturer Brook Crompton in 2002. These transactions gave the group access to established industrial brands and manufacturing capabilities in several major markets. The group subsequently faced substantial operational and financial pressure. In 2004, LJL closed or downsized its remaining British plants in Huddersfield and Guiseley and transferred production to facilities in Poland and China. The restructuring was costly, and the reduction of British manufacturing capacity coincided with weaker turnover. By 2006, the company was experiencing liquidity problems and was acquired by the Austrian-based ATB group. The transaction placed LJL within a broader electric-motor industrial group while also linking its financial position to the condition of ATB and ATB's parent, A-TEC Industries AG. In 2010, LJL's manufacturing plants were sold to ATB. Following that transaction, the company was left principally with motor-distribution subsidiaries rather than the manufacturing assets that had defined much of its earlier industrial presence. The remaining operating structure included Brook Crompton companies in the United Kingdom, United States, Canada, and Singapore, together with Western Electric Asia Pte Ltd in Singapore. The restructuring did not resolve the company's financial difficulties. In 2010, reported liabilities exceeded assets by more than S$8 million. LJL also faced two lawsuits and uncertainty over whether it could meet the associated obligations from available cash. Its financial stability depended on support from ATB, while ATB in turn relied on assistance from A-TEC Industries AG. A-TEC entered court-supervised reorganisation proceedings in October 2010, intensifying the uncertainty surrounding LJL and its corporate group. In October 2011, ATB was sold to the Chinese motor manufacturer Wolong Holding Group. One of the legal disputes involving LJL was ultimately unsuccessful. A Wolong subsidiary purchased the resulting judgment sum and agreed to settle S$14 million in five instalments through 2016. In 2011, LJL reported turnover of approximately S$52 million. The available reference material does not establish the company's subsequent operating status, delisting status, or whether the LJL corporate structure continued independently after these events.
History
Lindeteves-Jacoberg Limited was established in 1947 and developed into an international industrial group involved in electric motors and related engineering activities. Its historical business scope included motor manufacturing and distribution, power-generation systems, waste-treatment systems, and engineering services. The company was based in Singapore and traded on the Stock Exchange of Singapore. Expansion accelerated through acquisitions. In the 1990s, LJL acquired Western Electric, an Australian motor manufacturer. It later purchased Schorch, a German manufacturer, in 2001 and Brook Crompton, a British motor manufacturer, in 2002. These acquisitions broadened LJL's industrial portfolio and gave it manufacturing and distribution operations in several countries. The group undertook major restructuring in the mid-2000s. In 2004, its remaining British plants in Huddersfield and Guiseley were closed or downsized, with production moved to Poland and China. The restructuring generated significant costs and contributed to weaker turnover. By 2006, the company had encountered liquidity problems and was acquired by ATB, an Austrian-based electric-motor group. LJL's manufacturing footprint was reduced further in 2010, when all of its manufacturing plants were sold to ATB. The transaction changed the company's role from an integrated manufacturer and distributor into a holding company centered on distribution subsidiaries. The remaining subsidiaries included Brook Crompton entities in the United Kingdom, United States, Canada, and Singapore, as well as Western Electric Asia Pte Ltd in Singapore. Financial problems continued during this transition. In 2010, the group's liabilities were reported to exceed its assets by more than S$8 million. It was also involved in two lawsuits and could not be certain that it would have sufficient cash to satisfy its obligations. LJL depended on support from ATB, which itself relied on its parent A-TEC Industries AG. A-TEC began court-supervised reorganisation proceedings in October 2010, creating additional uncertainty for the group. In October 2011, ATB was sold to Wolong Holding Group, a Chinese electric-motor manufacturer. One of the legal claims against LJL was lost. A Wolong subsidiary acquired the judgment amount and agreed to pay S$14 million in five instalments through 2016. The company's turnover in 2011 was reported as S$52 million. The available source material does not provide enough information to determine the company's later ownership, listing status, operating condition, or ultimate corporate disposition.
- 2011
ATB acquired by Wolong
[1]Wolong Holding Group acquired ATB after A-TEC Industries AG entered insolvency-related reorganisation proceedings.
- 2010
Manufacturing plants transferred to ATB
[1]LJL sold all manufacturing plants to ATB and retained primarily motor-distribution subsidiaries.
- 2006
Acquisition by ATB
[1]Following liquidity problems, LJL was acquired by the Austrian-based ATB group.
- 2004
British manufacturing restructuring
[1]The company closed or downsized its remaining British plants in Huddersfield and Guiseley and shifted production to Poland and China.
- 2002
Acquisition of Brook Crompton
[1]LJL purchased British motor manufacturer Brook Crompton, expanding its international motor business.
- 2001
Acquisition of Schorch
[1]LJL acquired German motor manufacturer Schorch.
- 1990
Acquisition of Western Electric
[1]During the 1990s, LJL acquired Australian motor manufacturer Western Electric.
- 1947
Company founded
[1]Lindeteves-Jacoberg Limited was founded and later developed into a Singapore-based industrial holding company.
Products and positioning
An international industrial holding and distribution group focused on electric motors and related engineering activities, with historical exposure to power generation, waste treatment, and industrial manufacturing.
Industrial electrical equipment
Electric motors
Electric motors were the central product category associated with LJL and its subsidiaries. The group historically combined manufacturing and distribution, serving industrial customers through businesses such as Brook Crompton, Western Electric, and Schorch. After the 2010 transfer of manufacturing plants to ATB, LJL's remaining role was primarily connected with motor distribution.
Power systems
Power-generation equipment
Power-generation systems formed part of the company's broader historical industrial portfolio. The available reference does not identify specific product models, technical specifications, or continuing product lines.
Environmental engineering
Waste-treatment systems
Waste-treatment systems were among the activities associated with LJL before the company became more focused on electric-motor manufacturing and distribution. No detailed product range or later operating information is provided in the available source.
Brand decisions
2011
ATB sold to WolongM&ABackground
ATB's parent company, A-TEC Industries AG, had entered court-supervised reorganisation proceedings.
Action taken
Wolong Holding Group acquired ATB.
Aftermath
LJL became associated with the Chinese-owned Wolong industrial group through ATB. A Wolong subsidiary also agreed to settle a judgment sum of S$14 million in five instalments through 2016.
Turnover. S$52 million (2011)
2010
Sell manufacturing plants to ATBStrategyBackground
LJL was under financial pressure and was part of the ATB group.
Action taken
All manufacturing plants were sold to ATB.
Aftermath
LJL retained primarily motor-distribution subsidiaries rather than an integrated manufacturing network.
Reported liabilities exceeding assets. More than S$8 million excess liabilities (2010)
2004
Restructure British manufacturingStrategyBackground
LJL was operating remaining British production sites in Huddersfield and Guiseley amid restructuring pressure.
Action taken
The company closed or downsized those facilities and moved production to Poland and China.
Aftermath
The restructuring generated high costs and turnover suffered.
Recent events
- 2011
ATB is sold to Wolong Holding Group[1]
M&A · Other
ATB was acquired by the Chinese motor manufacturer Wolong Holding Group after the insolvency of ATB's parent, A-TEC Industries AG.
- 2010
Lindeteves-Jacoberg sells its manufacturing plants to ATB[1]
M&A
The company's manufacturing plants were transferred to ATB, leaving Lindeteves-Jacoberg primarily with motor-distribution subsidiaries.
- 2010
Lindeteves-Jacoberg reports continuing financial and legal pressure[1]
Lawsuit · Other
Reported liabilities exceeded assets by more than S$8 million, while the company faced two lawsuits and depended on financial support within its corporate group.
- 2006
Lindeteves-Jacoberg faces liquidity problems and is acquired by ATB[1]
M&A · Other
After experiencing liquidity problems, Lindeteves-Jacoberg was acquired by the Austrian-based ATB group.
Sources1 sources
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