Navis to Take Adampak Private in US$110.7 Million Buyout (Asia)

Source: Business Times Singapore  |  Author: Kelly Tay

South and Southeast Asia-focused private equity investor Navis Capital Partners has offered to purchase Adampak Limited, a Singapore-listed producer of labels, nameplates and die-cut parts, for approximately US$88 million. The bid is being made through investment holding company Safe Label Group and Navis has requested the right to seek a voluntary delisting of the company. Separately, Navis has reportedly acquired at least 21.5 percent of SEG International (SEGi), a Malaysian private education group, via off-market transactions.