SFS Group to Acquire Unisteel, a Singapore-Based Precision Engineering Solutions Provider (Asia)
Source: SFS Group
Kohlberg Kravis Roberts & Co. (KKR), in coordination with other shareholders, has agreed to sell Singapore’s Unisteel Technology International to Swiss manufacturer of diversified industrial components SFS Group. Unisteel manufactures precision components for data storage and consumer electronics. Financial details of the transaction were not disclosed. Unisteel was listed on the Singapore Stock Exchange in 2000 but was taken private by KKR in 2008.