Southeast Asian private equity firm Navis Capital Partners is selling its entire stake in Adampak, the Singapore-based independent label and precision die-cut parts provider, to Japan’s Oji Imaging Media.
Financial details of the sale were not disclosed. Founded in 1979, Adampak was listed on the SGX-SESDAQ in 2004, upgraded to SGX Mainboard in 2007, and subsequently taken private by Navis in June 2012 for approximately $88 million.