Japan's Murata Manufacturing acquires VTI Technologies
Private equity fund EQT III will divest its 100% stake in Finish motion sensor parts maker VTI Technologies to Japanese electronic parts maker Murata Manufacturing for JPY20 billion ($261 million).
EQT III, which is partially owned by Investor AB, purchased VTI in 2002 from Breed Technologies. Since then, the PE fund claims to have helped VTI increase its sales, largely to clients in the automotive...
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