J-Star exits Japanese auto industry supplier
J-Star has sold Tokai Trim, a Japanese manufacturer of seat covers for cars and motorcycles, to domestic hotel chain operator Rembrandt Holdings.
The size of the transaction was not disclosed. J-Star invested JPY1-2 billion ($9.4-18.7 million) in the business in 2013, working in conjunction with the Supply Chain Support Fund (SCSF), a vehicle backed...
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