KV Asia buys Malaysia industrial glove manufacturer
KV Asia Capital has acquired a majority stake in G.B. Industries (GBI), a Malaysia-based manufacturer of rubber insulating gloves and sleeves, for an undisclosed sum.
This is the second investment from the firm’s second Southeast Asia fund, which reached a first close of USD 100m last year against a target of USD 300m. It follows the purchase of a 25% interest in...
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