Navis exits Singapore's Adampak after 10-year hold
Navis Capital Partners has sold 100% of Singapore-based Adampak, a diversified manufacturer specialising in labels and barcode stickers, to Oji Imaging Media, a leading Japanese paper company.
Financial terms were not disclosed. Navis acquired Adampak in 2012 for SGD 110.7m (then USD 88m) via its sixth fund, which closed on USD 1.2bn in 2010. Five portfolio companies from Fund VI were rolled...
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