iSigma exits Japanese auto parts maker for $99m
ISigma, a mid-size buyout firm controlled by Japanese trading and investment conglomerate Marubeni, has agreed to sell domestic automotive industry supplier Iino Manufacturing for JPY10 billion ($99.4 million).
According to a statement, the firm will exit the company to Tokyo-listed machinist Daido Metal, which is aiming to expand its business globally and advance its technological knowhow. The transaction is...
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