Navis acquires Singapore oil and gas components maker
Navis Capital Partners has acquired a majority stake in Tri-Star Industries, a Singapore-headquartered component manufacturer for the oil and gas sector. AVCJ understands the deal is worth $50-100 million.
Founded in 1979, Tri-Star specializes in corrosion-resistant products - nuts and bolts, but also cathodic protection for metal surfaces and cable support systems - with brands including Mastercote, Tristar,...
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