SkyLake Incuvest Acquires Tapex at KRW100 Billion (Asia)

Source: The Korea Economic Daily

South Korea-based private equity firm SkyLake Incuvest has agreed to acquire an 83 percent stake in adhesives manufacturer Tapex from KDB Capital and JKL Partners for KRW100 billion (US$91 million). In addition to plastic wrap and other household and office items, Tapex produces specialty tape used in LCD, semiconductor and battery manufacturing applications.