Carlyle sells Japan construction materials supplier to Lone Star
The Carlyle Group has sold Senqcia Corporation, a Japanese construction materials supplier formerly known as Hitachi Metals Techno, to Lone Star Funds for an undisclosed sum.
The private equity firm bought Senqcia in 2015 through a JPY 29.3bn (USD 248m) take-private that saw majority owner Hitachi Metals cede its 65% stake. Last year, Hitachi Metals – which is controlled...
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