Navis completes exit from Linatex
Navis Capital Partners has completed its exit from investee Linatex to the UK's Weir Group, for $200 million, following a regulatory approval from South Africa's Competition Commission.
Navis originally invested Linatex, which makes special wear-resistant rubber parts for mining and other industrial applications, in 2005 for $31.4 million, and drove the company's subsequent growth through...
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